The Indian currency unit is the Rupee, which is represented by the symbol ₹ and has a 5-letter abbreviation. The Rupee is the official currency of India and is divided into 100 paise. It is issued by the Reserve Bank of India and is also used in other countries such as Nepal, Bhutan, and Mauritius. The Rupee is one of the oldest currencies in the world, having been in use since ancient times.