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Friday, July 16, 2010
INDIA STEPS UP THEIR GAME, REVEALS NEW CURRENCY (RUPEE) SYMBOL...
India's economy is doing so well, its currency is getting its own distinct symbol! Yep, India is officially an international force... its presence known now as being backed by (more than) a trillion dollar economy. There are other "rupees" in places like Pakistan, Indonesia and Sri Lanka, so this is India's way of peacocking and stepping out of the pack. International trade speaks loudly and it's the U.S. dollar everyone is worried about, not India's rupee.
Anywayyy, there was actually a nationwide ITT design competition with 3000 competitors before this winner, by Udaya Kumar, was chosen out of the final 5. India's cabinet approved the new rupee symbol on Thursday (yesterday)." The distinct symbol denotes the robustness of the Indian economy,” India’s information minister, Ambika Soni, said.
Hmmm. Wonder if any of the U.S.'s outsourcing contributed to their economical boost. And, of course, the "human hair" profit for weaves haven't hurt. Oh well, congrats India! [The Guardian]
Labels:
india new rupee symbol,
Udaya Kumar
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