15 July - The Indian Rupee sign was adopted by the Government of India in 2010

 

On July 15, 2010, the Government of India officially adopted the Indian rupee symbol (₹). This marked a significant milestone in the history of Indian currency, as the symbol provided a unique and internationally recognizable identity for the rupee. The design was created by Udaya Kumar Dharmalingam, a professor at the Indian Institute of Technology (IIT) Guwahati, who won an open competition organized by the Indian government. The symbol is a blend of the Devanagari letter "र" (ra) and the Latin capital letter "R" without the vertical bar, with a horizontal line at the top and a double horizontal line at the bottom, symbolizing the tricolor of the Indian flag and the equal sign, representing the nation's economic balance. This new symbol aimed to elevate the global perception of the Indian rupee, placing it alongside other major world currencies like the US dollar, the British pound, the euro, and the Japanese yen.