Indian Rupee (INR)

Indian Rupee (INR) is the currency of India. INR is the International Organization for Standardization currency code for the Indian rupee, for which the currency symbol is ₹.

  • Indian Rupee is the currency of India; INR is its currency code, and the currency symbol is ₹.
  • Since India is a cash based economy, counterfeit currency has been circulated by those indulging in illegal dealings.
  • To prevent fraud, the Reserve Bank of India has over the years replaced and updated rupee notes with new security features.
  • Various factors can affect the exchange rate of the Indian rupee, including trade flows, investment flows and oil prices.