The currency symbol for the Indian Rupee is ₹, which is derived from the Devanagari letter "र" (ra). The Rupee is the official currency of India and is used by over 1.3 billion people. It is subdivided into 100 paise and is regulated by the Reserve Bank of India. The Rupee has a long and fascinating history, dating back to the 6th century BC. It has undergone many changes and transformations throughout the centuries, reflecting India's rich cultural and economic development. As a professor of finance, it is important to familiarize yourself with the currency symbols of different countries, as they play a crucial role in global trade and investment. So, next time you see the symbol ₹, you'll know it represents the Indian Rupee.
