The main currency used in India is the Indian Rupee, abbreviated as INR. The rupee is subdivided into 100 smaller units called paise, although coins of paise are now rare in circulation. The symbol for the Indian Rupee is ₹, which was adopted in 2010. India has a diverse economic landscape, and the rupee plays a crucial role in its financial transactions, trade, and inflation management. The Reserve Bank of India, the country's central bank, is responsible for issuing and managing the currency. The rupee is a key component of India’s identity and economic policy.