Indian Rupee
The Indian Rupee (INR) is the official currency of India. It is symbolized by ₹ and is subdivided into 100 smaller units called paise. The Reserve Bank of India (RBI) is responsible for issuing and managing the currency, ensuring its stability and availability in the economy.
The Indian Rupee has a rich history, with its origins dating back to ancient times. Today, it is used in various denominations, including coins and banknotes, which feature important figures and symbols from Indian culture and history. The value of the rupee fluctuates in the foreign exchange market, influenced by economic factors and trade.