The modern rupee is subdivided into 100 paise (singular paisa) though this division is now theoretical; as of 30 June 2011, coin denominations of less than 50 paise ceased to be legal tender. Bank notes are available in nominal values of 5, 10, 20, 50, 100, 500 and 1000 rupees. Coins of the rupee are available in 1, 2, 5 and 10. Paise coins of the rupee have nominal values of 1, 2, 5, 10, 20, 25 and 50, but lower denominations are now rarely seen.
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On March 5, 2009 the Indian government announced a contest to create a symbol for the rupee. During the year 2010’s Union Budget, Finance MinisterPranab Mukherjee mentioned that the proposed symbol would reflect and capture the Indian ethos and culture. Five symbols were shortlisted, and the Cabinet selected the definitive symbol created by son of DMK leader Udaya Kumar. on July 15, 2010. The symbol is derived from the Devanagari letter ‘र’ with an additional horizontal line. The parallel lines at the top (with white space between them) make an allusion to the tricolor and also depict an equality sign which symbolizes the nation’s desire to reduce economic disparity. The Indian government will try to adopt the symbol within six months in the country and globally within 18 to 24 months. Before the adoption of the symbol, the most commonly used symbols for the rupee were Rs, Re or if the text was in an Indian language, then an appropriate abbreviation in that language.
The symbol of Indian Rupee doesn’t have a Unicode character and it can take from a few days to a year for the new symbol to get accepted by the Unicode Consortium’s Unicode Technical Committee that is responsible for the development and maintenance of the Unicode Standard, including the Unicode Character Database.
Until then, you can use the Indian Rupee font designed by Foradian Technologies using (`) key of the keyboard.