Budget 2010-11 : Indian Rupee Will Soon Join The League Of US Dollar, British Pound

Last Updated: 2010-02-26T16:06:16+05:30
   
Due to the increasing reports of the use of fake currency notes in various parts of the country it has been decided that the Indian currency notes will have a distinct identity to distinguish it from other similar looking currencies. Finance Minister Pranab Mukherjee said in the Lok Sabha today while presenting the Union Finance budget for the year 2010-11, "In the ensuing year, we intend to formalise a symbol for the Indian rupee, which reflects and captures the Indian ethos and culture."
 
He said that by doing so the Indian Currency would join the league of select currencies which includes the US dollar, British pound sterling, Euro and Japanese yen which are known for their distinguish identity. The Finance Minister Pranab Mukherjee said, "With this, the Indian rupee will join the select club of currencies such as the US dollar, British pound sterling, Euro and Japanese yen that have a clear distinguishing identity."

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