Rupee symbol available on computers now!

The Indian rupee symbol will be available on the computers much like the American dollar and the British pound symbol by downloading software provided for free by the government. The software, released by TDIL Datacenter, has been developed by Unicode Consortium and ISO within three months of selection the rupee symbol.

The initiative comes exactly a year after India joined an elite club of countries to have a distinctive symbol for its currency, with the design being done by IIT Bombay post-graduate D Udaya Kumar.

Regarding the placement of the sign on the keyboard, a consensus was arrived among the stakeholders to use combination of 'AltGr' and numeral '4' for typing the symbol.

Source: Rediff Business

Rupee gets its symbol

The jury has given its verdict: the rupee will retain its Indian character with an international flavour. The five-member panel has chosen IIT post-graduate D Udaya Kumar's design from among five shortlisted symbols and recommended it for Cabinet approval.

Kumar's symbol is an amalgam of the Devanagari 'Ra' and the Roman capital 'R' without the stem, very much in line with what Finance Minister Pranab Mukherjee had envisioned.The chosen symbol has the Finance Minister's approval, said a Ministry official.

While the basic aim of the new symbol is to provide the Indian rupee international recognition as the country's economy exerts more influence in the global space.

Kumar's concept, an official said, is based on the Tricolour and "arithmetic equivalence". While the white space between the two horizontal lines gives the impression of the national flag with the Ashok Chakra, the two bold parallel lines stand for 'equals to', representing balance in the economy, both within and with other economies of the world

Source :msn.com/financial express