The standard unit of currency used in India is the Indian Rupee. The symbol for the rupee is ₹, and it is subdivided into 100 paise. The Reserve Bank of India is responsible for issuing and managing the currency. The rupee has a rich history, with its value reflecting the country’s economic conditions. It is widely used in everyday transactions, from retail to international trade. The Indian Rupee plays a significant role in India's economy, influencing pricing, savings, and overall financial stability.