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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 ...
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 ...
Most of us don’t think twice about the coins lying around in our wallets or collecting dust in a forgotten savings jar. But ...
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.
While external pressures persist, forex traders noted that the Indian currency ... 283.05 points or 1.24 percent to close at 23,190.65, while the Sensex climbed 899.01 points or 1.19 percent to settle ...