National Currency of India

National Currency of India

The Indian Rupee is the National currency of India, and is issued by the Reserve Bank of India. The Rupee is subdivided into 100 paise, although only a 50 paise coin is now issued as legal tender.

The symbol of National Currency of Indian Rupee was officially adopted in 2010 and derives from the Devanagari letter “Ra.”

Sher Shah Suri (1486-1545) is First issued the Indian Rupee, based on a ratio of 40 copper pieces (paisa) per Rupee.

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