On it's journey from being a banknote to now a coin, it has witnessed it all.
Even after the entry of so many colourful banknotes in our wallet, we bet, you still remember the look of the decades old Re 1 banknote. Why are we talking about it now? Well, the oldest banknote of Indian currency has turned 100 years old today. Yes, that's a century.
The Re 1 note was introduced under the British Raj on November 30, 1917.
Since then, on it's journey from being a banknote to now a coin, it has witnessed it all, India's freedom, the revolutionary change in country's industrial system, globalization and how can we not mention the demonetization and the Modi's government biggest tax reform of One Nation One Tax, the rollout of Goods and Services Tax (GST).
So, on the birthday of India's very first banknote, let us tell you the lesser known facts about the same.
1. Re 1 banknote was printed in England and depicted a silver coin image of King George V on the left corner.
2. Banknotes of all other denominations have the signature of the RBI governor but the one-rupee note bears the signature of the finance secretary since its issuance from the Republic India.
3.The One Rupee note was also discontinued twice before, once in 1926 and again in 1994.
4. A new design of the One Rupee note was brought in during the year 1949.
5. In 1949, Re 1 notes were signed by the Finance Secretary K.R.K. Menon and were in circulation in Pakistan. However, after partition it was demonetised.
However, being unaffected from the historic moment, the Indian rupee slipped in the opening trade on Thursday. It has opened lower by 23 paise at 64.54 per dollar versus 64.31 yesterday.
The dollar edged higher as strong US third-quarter economic growth data and signs of progress in US republicans' efforts to get a tax bill passed helped the currency rebound from recent weakness.
Meanwhile, the pound hit a two-month high as negotiations between the UK and the European Union made progress.
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 "100 years of Re 1 : On its 100th birthday, here are 5 facts you should know about India's oldest banknote")
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