The currency used in India is the Indian Rupee, abbreviated as INR. The symbol for the Indian Rupee is ₹, which was adopted in 2010. The Indian government, through the Reserve Bank of India, issues and regulates the currency. The rupee is subdivided into 100 paise, although coins of paise have become less common in everyday transactions. The rupee plays a central role in the Indian economy and is used for transactions and savings by individuals and businesses alike. It also serves as a vital part of India's identity and economic heritage.