Markets in Everything: Currency Design, Part II
"India has finally got a symbol for the Rupee and joined a select club of countries whose currencies have an unique identity (see graphic above). The Union Cabinet on Thursday approved the design, which includes both the Devnagiri 'Ra' and the Roman capital 'R' and has two parallel lines running at the top. The parallel lines symbolise the equal to sign.
The symbol selected has been designed by an Indian Institute of Technology postgraduate D Udaya Kumar and was selected from among five short listed symbols."
See CD post here from March 2009 about the contest for the rupee symbol, with a $5,000 prize to the winner, almost 5 times India's per-capita GDP of $1,031 in 2009 ($2,941 on a Purchaing Power Parity basis, which takes into account the relative cost of living).
HT: Sanil Kori