US President Donald Trump has ordered a halt to the minting of pennies, the coins denoting a cent of the dollar, over high ...

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 ...

The 1-month non-deliverable forward indicated that the rupee will open at 86.36-86.38 to the dollar, compared with its close of 86.5675 in the previous session. At one point in the Asia session ...

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 ...

No definitive timeline or process was revealed, but central bank officials indicate they expect to introduce a new series of ...

The rupee closed at 86.5675 against the U.S. dollar, up from its close at 86.61 in the previous session. The dollar index was down 0.2% at 109.1 while Asian currencies were mostly higher between 0 ...

The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented ...