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The Digital Rupee (e₹) [39] or eINR or E-Rupee is a tokenised digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). [40] The Digital Rupee was proposed in January 2017 and launched on 1 December 2022. [41]
The Indian rupee sign ₹ is the currency symbol for the Indian rupee ( ISO 4217: INR), the official currency of India. Designed by D. Udaya Kumar, it was presented to the public by the Government of India on 15 July 2010, [1] following its selection through an open competition among Indian residents. [2] [3] Before its adoption, the most ...
Exchange rate history of the Indian rupee. This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence ...
In November 2022, e₹-W on average did ₹3,250,000,000 worth of deals per day. For the first two days of e₹-R pilot, ₹30,000,000 worth of digital currencies were created by RBI. Unlike physical currency, there is an option for recovery against loss of e₹. In e₹-R pilot phase, RBI is testing specific use cases for P2P and P2M transaction.
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Indian Depository Receipt (IDR) is a financial instrument denominated in Indian Rupees in the form of a depository receipt. The IDR is a specific Indian version of the similar global depository receipts . It is created by a Domestic Depository (custodian of securities registered with the Securities and Exchange Board of India) against the ...
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Udaya Kumar Dharmalingam is an Indian academic and designer noted for his design of the Indian rupee sign. His design was selected from among five short listed symbols. According to Kumar, the design is based on the Indian tricolour. As of December 2019, he is the Head of the Department of Design at IIT Guwahati, Assam.