"The Indian government sponsored a competition to design a currency symbol for the Indian Rupee, heralding its role as an important player in the world economy, backed by a 1.2 trillion dollar (or thereabouts) GDP. The new "brand" will differentiate India's currency from other countries who also use rupees. The winner, pictured above, was approved by the Cabinet last Friday, a combination of a roman 'R' and the Devanagri 'Ra' (below), by IIT graduate D Udaya Kumar." (via core77.com)
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