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Indian Rupee

The Indian rupee (₹) is the official currency of the Republic of India. The issuance of the currency is controlled by the Reserve Bank of India. The modern rupee is subdivided into 100 paise (singular paisa), though as of 2011 only 50-paise coins are legal tender. Banknotes are available in nominal values of 5, 10, 20, 50, 100, 500 and 1000 rupees.