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 ...
It might come as a surprise, but the cost of minting a one-rupee coin in India is higher than its actual value. According to a 2018 disclosure by the Reserve Bank of India (RBI) in response to an ...
The Indian rupee may slip to a lifetime low at open on Friday after the dollar index climbed to the highest in more than two ...
The action of CBSL only aid the coin dealers in Fort. For example the one rupee Air Force coins of which only 2000 were minted and 800 released to the public in 2001 March at Rs 600 was sold out in ...
"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 ...
Fourteen different kinds of 10 rupee coins have been issued by ... It sounds trivial - why worry if people shun one small denomination coin? Yet, it is anything but trivial as the response of ...
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.
Against Euro, the PKR gained 1 rupee for buying and 1 paisa for selling, closing at 290.10 and 293.23, respectively. Against UAE Dirham, the PKR lost 1 paisa for buying and remained unchanged for ...