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Do you like the new Indian Rupee symbol?

Created by : Kavitha Shankar, Sr/Principal Coresspondent, ABC  | 07 15 2010 13:48:51 +0000
Industry : Radio, TV & FilmsFunctional Area : India(Markets)
Keywords : indian economy dollar r euro ra pound indian rupee symbol devanagari yen roman
Activity:  660 views;  last activity : 07 20 2010 12:08:25 +0000

The Indian rupee will soon have a unique symbol — a blend of the Devanagri 'Ra' and Roman 'R' — joining elite currencies like the US dollar, euro, British pound and Japanese yen in having a distinct identity.

The new symbol, designed by Bombay IIT post-graduate D Udaya Kumar, was approved by the cabinet today — reflecting that the Indian currency, backed by an over-trillion dollar economy, was finally making its presence felt on the international scene. Though the symbol will not be printed or embossed on currency notes or coins, it would be included in the 'Unicode Standard' and major scripts of the world to ensure that it is easily displayed and printed in the electronic and print media. Among currencies with distinctive identities, only the pound sterling has its symbol printed on the notes.

So users, do you like the new Indian Rupee symbol?

  
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It's a big statement on the Indian currency... The symbol would lend a distinctive character and identity to the currency and further highlight the strength and global face of the Indian economy. This symbol, reflects the Indian ethos and culture and will help distinguish the currency from the rupee or rupiah of other countries like Pakistan, Nepal, Sri Lanka and Indonesia. It is a perfect blend of Indian and Roman letters — capital 'R' and Devanagri 'Ra' which represents rupaiah, to appeal to international and Indian audiences. This design is based on the tricolour, with two lines at the top and white space in between.
By Kavitha Shankar, Sr/Principal Coresspondent, ABC  07 15 2010 13:48:51 +0000
 
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Ya it feels really nice that our currency has got a symbol , but its recognition worldwide as a Trading currency ,  as a dollar or a Euro has to be seen .  
By Raghunath C B, Logistics Executive, AYOKI FABRICON PVT LTD  | 07 20 2010 12:08:24 +0000
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It is a good symbol from the designer's point of view, but I have two questions.

1. How this symbol will help us to improve our economical situations?

2. What about other countries who are using Rupees as a currency, will they adopt this symbol? or they will again come up with their own great inventions and will confuse to the world economy.
By Sachin Korgaonkar, Software Development Head/ Technology Project Manager, Mexus  | 07 20 2010 09:18:20 +0000
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ya i agree to kavita
By Dr.Narendra Bahadur Singh, Sr REPORTER, TRIGUT HINDI DANIK NEWS PAPER  | 07 18 2010 22:28:13 +0000
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Yes .... absolutelt yes. This has been accepted from 'many'.

Our task ahead :

- convert this symbol in ASCII

- get this symbol on computer key boards.

- make this symbol compulsorily to be used ( within 15 months )

..........................................

India likes 'symbols'. People do things 'symbolic' - never implements in right spirit. We are to go forward faster... strengthen our economy. The rupee symbol may simply 'help'.
By ASOKE KUSARI, Domestic Private Banking-Executive/Manager, A large leading PSU Bank - India  | 07 18 2010 14:34:58 +0000
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  • Thanks
By Vikram basra, Freelancer, IT Services  | 07 18 2010 13:05:49 +0000
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yeahhh.. Its quite good to see the rupee symbol after so long ... I were always thinking why we don't have any symbol for rupee and now its come in picture.. I'm very happy ... :-))
By Nohar Singh Dhruv, Jr. Engg, Chhatisgarh State Electrical Board  | 07 17 2010 12:22:54 +0000
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Hello Kavitha, Yes. I like the symbol. Hope everybody will accept this.

K Rjagopalan.
By k Rajagopalan, Area Manager, Amitex Polymers (P) Ltd.  | 07 17 2010 12:19:17 +0000
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YES I REALLY LIKE IT.
By HEMANT VERMA, Marketing and Branding, NAVNEET PUBLICATION INDIA LTD.  | 07 17 2010 12:00:09 +0000
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Yes ... its a fundoo ... combination of our own culture and abroad practices .. great symbol ... It was really needed
By Nitin M Aras, XYZ  | 07 17 2010 10:25:46 +0000
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yes we like it.
By satishk.shukla , Director on Board, saurabhagro tech pvt.ltd.  | 07 17 2010 09:44:45 +0000
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Yes, I like it. Now we have symbol for rupee as like other countries.

Congratulations to Mr. Udayan.
By SHRIKANT MANOHAR DANKE, Consultant, Project Management Consultancy Firm  | 07 17 2010 09:32:46 +0000
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Yes, this is going to have a positive effect in the international market-a ditnct identity.
By Suresh Prasad Gupta, Freelancer, Pharmaceuticals  | 07 17 2010 09:03:58 +0000
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Really,it is a big statement on the Indian Currency.
By Mohammad Bakhsh, Project Leader/Managing Consultant, Freelancer  | 07 17 2010 03:48:44 +0000
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Yes, very much Kavita, incidentally when NDTV has conducted poll for all the 5 finalist symbol, I opted for this sign. competition was really tough & necktoneck. Thanks for RBI & selection panel to give us a splendid mono. Congrats Uday, it is marvelous.
By nagesh rao, Freelancer, Freelancer  | 07 16 2010 15:39:42 +0000
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guess it is ok....it has to be brought properly in to use. then only it will become acceptable.
By RAMESH KANDADAI, Principal Consultant, ARM Consultants  | 07 16 2010 14:24:06 +0000
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It's simple and great . It gives us stand in the six distinct nations of the world. It will prove to be a big step in the making of brand "India".
By Gaurav Rawat, B.Tech/B.E. student, Dehradun Institute of Technology  | 07 16 2010 11:49:08 +0000
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I would like to wish all the participants for their contributions..

i just want to suggest you one thing.. This is not the right kind of question because being an Indian we must have our own symbols.. either national flag or Rupee.. So we must like those symbols of Nation..

In my opinion  Everyone must accept and like this symbol.
By Ugandhar Vellanki, HR Executive, AppShark Software P Ltd  | 07 16 2010 10:51:24 +0000
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It took long time to seat in the same row of so many foreign currencies. We are glad and proud.
By R N Bhattacharyya, Freelancer, Freelancer  | 07 16 2010 10:35:05 +0000
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Yes , some how its true representation of Indian culture and ethos, now our Economy can face the real challenges and reflect the real image of our true and volatile currency
By Vivekanand , Senior Consultant (Economic & Rural Research) SAARC Nations, United Nations Development Programme  | 07 16 2010 10:14:17 +0000
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New Rupee symbol will symbolize the unique Indian culture & heritage.
By Sebumon Scaria, Senior Manager Customer Support Operations, MACH  | 07 16 2010 09:57:05 +0000
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Yeah, its nice. It will give a real new identity to our currency.
By Suresh Prasad Gupta, Freelancer, Pharmaceuticals  | 07 16 2010 09:29:13 +0000
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Yes i like the new rupee symbol,when approved by the GOI  and finally RBI'

It will give a distinctive identity in the International community and the rising power of india among BRIC countries.
By kasturirangan.r , Consultant, videocon industries limited  | 07 15 2010 16:16:25 +0000
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