What is the currency of India? 🔊
The currency of India is the Indian Rupee, which is abbreviated as INR. The symbol for the Indian Rupee is ₹. It was introduced as the official currency of India in 1540 during the Mughal Empire and has evolved since then through various historical periods. The Reserve Bank of India (RBI) is responsible for issuing and regulating the Indian Rupee. The currency comes in various denominations, including coins and banknotes, with notes available in ₹10, ₹20, ₹50, ₹100, ₹200, ₹500, and ₹2,000. The Indian Rupee plays a crucial role in the country’s economy and facilitates trade and commerce.
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