The Indian rupee is all set to get its own unique symbol, joining the club of other international currencies, such as, dollar, pound sterling, euro and the yen as currencies with an identity that is recognisable worldwide.
The Cabinet will decide on the matter on Thursday. A symbol reflecting the Hindi alphabet 'R' is likely to be approved.
Five designs had been shortlisted by the government after an all-India contest. These signs are easy to write and are specially designed to appeal to Indian and international community.
Which is your favourite design? Is the use of such a symbol important to reflect India’s growing dominance in the global economy? Share your views with us.