Most countries in the world have distinct identification symbols for their currency - $ represents the US Dollar, £ is used for GBP, € for Euro, etc. but there’s still no official currency sign for the Indian Rupee.
While symbol like Rs is commonly used to represent the Indian Rupee, these are no official currency signs and therefore the Government of India has now announced a public contest to pick up a sign that will represent the currency of India.
Government Contest for Designing a Currency Symbol for the Indian Rupee
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Created by kiranyande
2 years 48 weeks ago
Category: News Tags:
Category: News Tags:
- Rupee up 16 paise against Dollar 2 years 49 weeks ago
The Indian rupee appreciated by 16 paise against the US currency in opening trade on Friday, following selling of dollars by banks and exporters on expectations of further recovery in the domestic bourses in line with firming Asian markets.
- RBI, Sebi clear decks for trading in currency futures 3 years 28 weeks ago
RBI and SEBI has introduced guidelines for currency futures in stock exchanges to manage volatility in the value of rupee. According to the final guidelines of the panel, only USD-rupee contracts of size US$1,000 would be allowed.
- Indian rupee at 1-½ month high as shares rise 2 years 44 weeks ago
The Indian rupee rose to its highest level in 1-½ months on Monday as early gains in local shares raised expectations of capital inflows that would support the currency, with sentiment also underpinned by gains in other Asian currencies.
- Nepal Police busts fake Indian Currency Racket 2 years 7 weeks ago
In a major crackdown on the fake Indian currency smuggling racket in Nepal, the police have arrested two persons near here and seized counterfeit notes with a face value of Rs 8 million, reportedly printed in Pakistan.
- Nepal conduit for fake Indian currency from Pakistan 2 years 24 weeks ago
The arrest of a Nepali youth from Uttar Pradesh's border town of Rupadiha with fake Indian currency notes has exposed how Nepal was being used as a conduit for counterfeit Indian notes printed in Pakistan, police said Monday.
- Indian Rupee stronger by another 32 paise against dollar 2 years 31 weeks ago
he Indian rupee on Tuesday surged by another 32 paise to 48.76 against the greenback in morning trade in tandem with a strong rally in stocks amid steady dollar overseas.
- Indian rupee hits one year High as Dollar Slides 2 years 18 weeks ago
The Indian rupee climbed to one-year highs on Wednesday buoyed by the dollar's broad-based fall and a stronger start to the stock market that could trigger more capital inflows.
- Oil Traders to stop using the Dollers for oil trading 2 years 19 weeks ago
The dollar is sliding on the currency markets this morning after reports by the Independent newspaper that Arab states are in secret talks with China, Russia and France to stop using the US currency for oil trading.
- Indian rupee up on unwinding of long dollar positions 2 years 13 weeks ago
The Indian rupee nudged higher on Wednesday as traders unwound long dollar positions, with the U.S. unit easing against majors.