Symbol of the Indian Rupee

Udaya Kumar, a post graduate in Design from Indian Institute of Technology Bombay has designed the symbol of the Indian Rupee. This symbol has come into effect from 15th July, 2010. 

The symbol is an amalgam of Devanagari "Ra" and the Roman Capital "R" with two parallel horizontal stripes running at the top representing the national flag and also the "equal to" sign.