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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 ...
After all, even the 50 paise coin is still in circulation legally. Technically, a penny, which represents one cent in the US, is not equivalent to an Indian rupee. The Indian rupee is a standalone ...
In 2010, the Reserve Bank of India celebrated the 1000 years of the renowned Brihadeeswarar Temple in Thanjavur, Tamil Nadu by commissioning a 1000 rupee coin. The obverse of the coin had the ...
In medieval India, coins weren’t just money– they showed power, culture, and change. Each one holds a piece of history ... The currency we know today as the Rupee has its roots in the Rupiya ...
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 ...
one rupee, two rupees, five rupees, 10 rupees and 20 rupees are being issued in the country. The coins in the country are produced by the Government of India. Their minting takes place in four mints.
The Ministry of Finance is going to launch a special ₹75 coin to commemorate the opening of India’s new Parliament Building in New Delhi. Indian Prime Minister Narendra Modi will unveil the ...
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