Description
The Indian rupee (Hindi: रुपया) is the official currency of India. The issuance of the currency is controlled by the Reserve Bank of India.
In July 2010, the Indian Cabinet selected a symbol for the rupee (). It is an amalgamation of Devanagari "र" (Ra) and the Roman "R" without the stem.
The modern rupee is subdivided into 100 paise (singular paisa). The coins have a nominal value of 5, 10, 20, 25 and 50 paise as well as 1, 2, 5 and 10 rupee. The banknotes are available in a nominal value of 5, 10, 20, 50, 100, 500 and 1000 rupee.
