The circulation of coins in multiple sizes creates considerable confusion. Implementing a standardised approach to currency ...

New Delhi: The cost to manufacture a one-rupee coin is more than its value. According to a report in 2018, the cost of minting a one-rupee coin amounts to Rs 1.11. The disclosure was made by the ...

The government is also responsible for designing and minting coins. India adopted the decimal monetary system in 1957, when Rupee 1 was deemed to consist of 100 singular paisa. The Reserve Bank 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 ...

MUMBAI, Jan 13 (Reuters) - The Indian rupee slumped to a fresh all time-low ... Marketscategory Australia Dec goods surplus shrinks to A$5.1 bln as imports surge 12:43 AM UTC Marketscategory ...

The rupee pared its initial losses and settled for the day on a positive note, higher by one paisa to close at 86.56 (provisional) against the US dollar on Wednesday, supported by positive ...