Financial News NOW!

However, a company spokesman said it was too early to comment on how the symbol is used when the phone keypad or the list of characters. Nokia, for example, welcomed the initiative taken by the Indian government to have a symbol of the rupee, and says he respects the rules and regulations.

For computers, mobile phones and other computing devices to understand the symbol, you must first be encoded, said Pradeep Parappil, senior product leader in Windows and Windows Live, Microsoft India. The new symbol should be submitted by the government to encode Unicode Consortium and given a code point in Unicode, "he said.

Once a new version of the standard, which is the symbol code of the rupee, was released by the Unicode Consortium, Microsoft will work to include the Windows operating system and other products, Parappil said. Users do not need to buy new software, but is likely to receive downloadable updates for existing software, he added. He did not specify the time required to absorb change.

The symbol also distinguish the Indian currency of some other currencies in the region, like Pakistan and Nepal, which are also called rupee, the government said. The Indian government has decided to choose a symbol of the Indian rupee to reflect the country's economic growth and integration into the global economy.

Unicode Consortium and ISO (International Organization for Standardization), the group responsible for ISO / IEC 10646 in 1991 decided to establish a universal standard for encoding text in various languages. The symbol will be used by all persons and entities within and outside India, after its inclusion in the Unicode standard, ISO / IEC 10646 standard for encoding text in different languages and Indian Standard 13 194 The government said on Thursday .

The Indian government seems to have no illusions that this will take time before the symbol of a rupee shall be added to computers, phones and other mobile devices. The symbol encoding in accordance with rules of India is estimated at about six months, while encoding to Unicode and ISO / IEC 10646 will take approximately 18 months to two years, he said.

httpv://www.youtube.com/watch?v=RJ_BKJy_8ow&feature=youtube_gdata

Related Stories