The cost of minting a one-rupee coin in India exceeds its face value, as revealed by the RBI in a 2018 RTI. One rupee note ...

Image Source : PIXABAY The govt spends more than one-rupee to manufacture a one-rupee coin. The one-rupee coin might not hold much monetary significance, but it is of substantial sentimental value ...

The Indian rupee is likely to open flat-to-slightly-lower on Wednesday, with traders expecting the currency to weaken ...

"Until 1900s, one-rupee denomination in India was issued in coins. However, as the demand for metal shot up during and after the World War I, notes were also introduced and the use of coins was ...

The problem stems from the large variety of 10-rupee coins in circulation. More than 5 billion coins, worth over $775 million, have been minted since 2010. Rs. 10 coin have been issued both with ...

The Indian rupee settled at a record closing low for a third consecutive session on Thursday, pressured by a firm dollar and importers' month-end dollar demand.

There are two kinds of five-rupee coins in circulation in India. A brass one and the other is of a thinker metal. However, the latter one has seen a reduction in circulation recently.