From a note to a coin; One Rupee celebrates a century
Here are some fun facts about the One Rupee note as it completes a century in India.
A look at the first One Rupee note revealed that it had the words ‘I promise to pay’ written on it.
It also had the signatures of various RBI governors and different years of printing, as per a report by Asian Age.
A new design of the One Rupee note was brought in during the year 1949. These notes were signed by the Finance Secretary K.R.K. Menon and were in circulation in Pakistan. However after partition this note was demonetised as well.
The rupee however did not share in the celebration spirit. It dropped sharply by 24 paise to 64.55 against the American currency in early trade on Thursday ahead of the September quarter GDP data.
(With inputs from PTI)
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