The document describes the new symbol for the Indian rupee that was introduced in 2010. It consists of a combination of the Devanagari letter "Ra" and the Latin letter "R" with parallel lines representing the Indian flag. Udaya Kumar designed and proposed the symbol which was accepted by the Indian government in 2010. It was added to Unicode standards that same year. The symbol is meant to represent Indian culture and identity while being simple and internationally recognizable.

1. New symbol of the rupee

2. Indian Rupee Sign The Indian rupee sign ( ) is the currency sign used for the Indian rupee. The design was presented to the public by the government of India on 15 July 2010. The international three-letter code for the Indian rupee is INR.(according to ISO 4217)

3. Origin On 5 March 2009 the Indian government announced a contest to create a sign for the Indian rupee . Finance Minister Pranab Mukherjee mentioned that the proposed sign should reflect and capture the Indian ethos and culture. The selection process has been challenged under the Right to Information Act.

4. Design The new sign is a amalgam of the Devanagari letter "र" (ra) and the Latin capital letter "R" without its vertical bar (similar to the R rotunda). The parallel lines at the top (with white space between them) are said to make an allusion to the tricolor Indian flag .

6. Designer The original designer of the Indian Rupee Sign is Udaya Kumar who was awarded the prize on 15 July 2010 (2010-07-15) by the Indian Government.

7. Unicode On 10 August 2010 the Unicode Technical Committee accepted the proposed code position U+20B9 ​ INDIAN RUPEE SIGN (HTML: ₹) . U+0971 ( Proposed by Indian IT Department within the Unicode range of Devanagari script )

8. Note Among currencies with distinctive identities, only the pound sterling has its symbol printed on the notes.

9. Shiro Rekha The use of Shiro Rekha (the horizontal top line) in Devanagari script is unique to India Devanagari script is the only script where letters hang from the top line and does not sit on a baseline. The symbol preserves this unique and essential feature of our Indian script which is not seen in any other scripts in the world. It also clearly distinguishes itself from other symbols and establishes a sign of Indian origin. It explicitly states the Indianess of the symbol .

10. Tricolor The two horizontal lines with an equal negative white space (imaginary space) between them create a foreground and background effect of three strips (tricolor). The strips subtly represent the tricolor of our Indian national agying at the top .

11. Equality sign The horizontal lines also denote the arithmetic sign ‘equal to’. For a common man, a quick indicator of his/her countries economy is the comparison of currency values. The equality sign also signifies a balanced economy, our economy should be secured and stable forever .

12. Simple Form The symbol is designed with minimal of three strokes. The simple and clean form gives it a high recall value and strengthens its legibility It also makes it very easy to write, construct reproduce and design Embedding Devanagari and Latin script makes it convenient to write for both national and international users

13. Reverse Effect The symbol works very well with inverse color It does not affect the legibility of symbol even at smaller sizes.

14. Balance The left inclination of the letter ‘Ra’ is visually balanced using the two horizontal strokes inclined on the opposite direction. Both the visual forces are balanced to make the symbol stable and firm. The symbol stands on a single stroke without any imbalance

15. Symbol For Paisa The symbol for paisa can also be designed using the same concept. It would be in harmonious with the proposed rupee symbol as one family .