Indian rupee

The Indian rupee (symbol ₹; code: INR) is

the official currency in India. The rupee is
subdivided into 100 paise (Hindi pl;
singular: paisa). The issuance of the
currency is controlled by the Reserve
Bank of India. The Reserve Bank
manages currency in India and derives its
role in currency management on the
basis of the Reserve Bank of India Act,
1934.
 Indian rupee

Banknotes of the Coins of the

Indian Rupee Indian rupee

ISO 4217

Code INR (numeric: 356)

Subunit 0.01

Unit

Unit Rupee 50p

Symbol ₹‎
Denominations

Subunit
1⁄ paisa
100
Symbol

paisa p

Banknotes

Freq. used ₹10, ₹20, ₹50, ₹100,

₹200, ₹500

Rarely used ₹1, ₹2, ₹5 [note 1]

Coins

Freq. used ₹1, ₹2, ₹5, ₹10

Rarely used ₹20

Demographics

Official user(s) India

Bhutan[2]
Nepal[3]

Unofficial user(s)
Zimbabwe[note 2][4][5]
 Issuance

Central bank Reserve Bank of

India[6]

Website www.rbi.org.in (http

s://www.rbi.org.in/)

Printer Security Printing and

Minting Corporation
of India Limited[7]

Website spmcil.com (http://s

pmcil.com)

Mint India Government

Mint[7]

Website spmcil.com (http://s

pmcil.com)

Valuation
Inflation 5.02% (October
2023)[8]

Source RBI – Annual

Inflation Report (http
s://rbidocs.rbi.org.in/
rdocs/AnnualReport/
PDFs/4TBE93D257F
71548D48A75D589A
53E9DEF.PDF)

Method Consumer price

index (India)[10]

Pegged by Bhutanese
ngultrum (at par)
Nepalese rupee
(higher value)
[1INR=1.6 Nepalese
Rupee][9]