What currency is used in India? 🔊
The currency used in India is the Indian Rupee, symbolized as ₹ and abbreviated as INR. The Rupee has a rich history and serves as the official currency for transactions and trade within India. It is further divided into smaller units called paise, though these are rarely used in everyday transactions. The Reserve Bank of India manages the issuance and regulation of the currency, ensuring its stability and integrity in the economy. The Rupee has seen various changes in design and denominations, often reflecting India's culture, heritage, and notable figures, and plays a crucial role in the nation's economic framework.
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