The Indian Rupee has a symbol. Unlike many other things that have changed name in India in the past two decades, this seems like a move forward. One would have thought that the powers that be might have toyed with the idea of changing the currency’s name given our penchant for change (sic).

Thankfully, however, the symbol is all that has been added. Why?

The growing influence of the Indian economy in the global space is said to have prompted this move that will result in the Indian rupee joining the select club of global currencies like the US dollar, the British Pound, European Euro and Japanese Yen that have unique symbols.

So says NDTV anyways.

It seems like a good idea to have a symbol, but the chosen symbol may take some getting used to. It’s a Devnagari “R” with a strikethrough-like line running through it. Not too dissimilar to the Yen’s lines. At . . . → Read More: INR gets a symbol.