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RBI discontinues specific Rs 5 coins from circulation: Here's Why
A specific type of 5 rupee coin is being withdrawn from circulation. Online transactions have become easier with the creation of Digital India. Nowadays, many people use apps like GPay and PhonePe ...
How Much Does It Cost To Mint One-Rupee Coin? It's More Than Its Value
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 ...
Rupee may dip to all-time low on Fed outlook-spurred dollar rally
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 ...
Wall Street Journal6y
The Money Nobody Wants
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 ...
Rupee tipped to weaken gradually amid broad dollar strength as 2025 kicks off
The Indian rupee is likely to open flat-to-slightly-lower on Wednesday, with traders expecting the currency to weaken ...