New Delhi: For many, it might come as a surprise that it costs more than its value to mint Rs 1 coin. In response to an RTI filed in 2018, RBI made this revelation where it disclosed that it costs ...
While the currency we use on a daily basis, the rupee notes and coins are an integral part of our lives, we rarely focus on ...
a 5 rupee coin costs Rs 3.69 and a 10 rupee coin costs Rs 5.54. Let us tell you that in Indian currency, some notes and coins are printed by the government, while some notes are printed by the ...
The Reserve Bank of India's (RBI) $10 billion, 3-year dollar/rupee buy-sell swap auction on Monday to boost rupee liquidity ...
The Indian rupee is not expected to see sharp swings following U.S. President Donald Trump's expected reciprocal tariff ...
The primary medium of exchange in India is the rupee (INR). It was introduced as a silver coin by Sher Shah Suri in the 16th century. The rupee then became a fiat currency under British colonial rule.
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 rupee failed to sustain its gaining ... a monthly survey said on Wednesday (March 5). The seasonally adjusted HSBC India Services PMI Business Activity Index rose from January's 26-month ...