The two horizontal lines and the whitespace in the middle signify the tricolours of the Indian flag. http://business.rediff.com/slide-show/2010/jul/15/slide-sho

The two horizontal lines and the whitespace in the middle signify the tricolours of the Indian flag. http://business.rediff.com/slide-show/2010/jul/15/slide-show-1-iit-ians-design-selected-for-rupee-symbol.htm http://business.rediff.com/slide-show/2010/jul/15/slide-show...