The symbol "₹" represents the Indian Rupee, the official currency of India. It was officially adopted in 2010 and is designed to reflect the country's cultural heritage. The symbol combines elements of the Latin letter "R" and the Devanagari letter "र" to represent both modernity and tradition. The Indian Rupee is subdivided into 100 smaller units called paise. The Reserve Bank of India (RBI) is responsible for issuing and regulating the currency. The ₹ symbol is used in financial transactions, pricing, and accounting, making it an essential part of the Indian economy.