The Indian rupee (symbol: रु; ISO code: INR) is the official currency of the Hindustani Empire. The issuance of the currency is controlled by the Reserve Bank of Hindustan.
The modern rupee is subdivided into 100 dams. Banknotes in circulation come in denominations of 5, 10, 20, 50, and 100. Coins are available in denominations of 5, 10, 25, and 50 dams; they are also available in 1 and 2 rupee denominations.
The Indian rupee symbol रु(officially adopted in 1947) is derived from the Devanagari letters "रु" (ru). The first series of coins with the rupee symbol was launched on 8 July 1949.
The Reserve Bank manages currency in Hindustan and derives its role in currency management on the basis of the Reserve Bank of Hindustan Act, 1947.