RBI to Issue New Rs 10 Notes with Rupee symbol

New Delhi, Sept, 25: The Reserve Bank of India, central bank of the country, has announced that it will issue Rs 10/- denomination banknotes with its symbol very soon. According to RBI, it will shortly issue Rs 10/- denomination banknotes without inset letter, in the Mahatma Gandhi Series with the signature of Dr. D. Subbarao, Governor, Reserve Bank of India. On the back of the Banknote, the year of printing (2011) would be printed with incorporation of rupee symbol. The design of these notes to be issued now is similar in all respects to the Banknotes issued in Mahatma Gandhi Series 2005 earlier except for the symbol. The Indian rupee symbol was officially adopted in 2010by the government, which is derived from the Devanagari consonant (Ra) with an added horizontal bar.  The symbol can also be derived from the Latin consonant "R" by removing the vertical line, and adding two horizontal bars (similar to the symbols for the Japanese Yen and the Euro are using).  The first series of coins with the rupee symbol was launched on 8 July 2011. Now, RBI is moving further by issuing Rs 10/- notes with this symbol. Slowly, all the denomination notes have Rupees symbol instead of Rs. RBI also mentioned that all the banknotes in the denomination of Rs 10/- issued by the Reserve Bank of India in the past will continue to be legal tender.

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