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India Currency

Indian rupee ₹
रुपया (Hindi)
ISO 4217 code
INR
Central bank
Reserve Bank of India
 Website
www.rbi.org.in
User(s)
India
Bhutan (alongside the
Bhutanese ngultrum)
Nepal (alongside the
Nepalese rupee)
Zimbabwe[1]
Inflation
5.96%, March 2013
 Source
Economic Adviser
 Method
WPI
Pegged by
Bhutanese ngultrum
(at par)
Nepalese rupee (1 INR
= 1.6 NPR)
Subunit
 1/100
Paisa
Symbol

Paisa
p
 Formerly used
symbols and Coins
₨, Rs,രൂ, ರೂ, ৳, ૱, రూ,
௹, रु .
Coins
50 paise, ₹1, ₹2, ₹5,
₹10
Banknotes
₹1, ₹2, ₹5, ₹10, ₹20,
₹50, ₹100, ₹500,
₹1000
Printer
Reserve Bank of India
 Website
www.rbi.org.in
Mint
India Government Mint
 Website
www.spmcil.com
The Indian rupee
(symbol: ₹; ISO code:
INR) is the official
currency of the Republic
of India. The issuance
of the currency is
controlled by the
Reserve Bank of India.
[2]
The modern rupee is
subdivided into 100
paise (singular paisa),
though as of 2011 only
50-paise coins are legal
tender.[3][4] Banknotes
in circulation come in
denominations of ₹5,
₹10, ₹20, ₹50, ₹100,
₹500 and ₹1000. Rupee
coins are available in
denominations of ₹1,
₹2, ₹5, ₹10, ₹20, ₹50,
₹60, ₹75, ₹100, ₹150,
₹500 and ₹1000; the
coins for ₹20 and above
are for commemorative
purposes only; the only
other rupee coin has a
nominal value of 50
paise, since lower
denominations have
been officially
withdrawn.
The Indian rupee
symbol '₹' (officially
adopted in 2010) is
derived from the
Devanagari consonant
"र" (ra) and the Latin
letter "R". The first
series of coins with the
rupee symbol was
launched on 8 July 2011.
The Reserve Bank
manages currency in
India and derives its role
in currency
management on the
basis of the Reserve
Bank of India Act, 1934.
Recently RBI launched a
website Paisa-Bolta-Hai
to raise awareness of
counterfeit currency
among users of the INR.


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