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The Indian government and RBI manage currency, including coins of Re 1, Rs 2, Rs 5, Rs 10, and Rs 20, minted in Mumbai, ...
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 ...
Which mark indicates which mint: Coins made in Mumbai have a cut diamond or the letter B or M inscribed. Coins made in ...
The Bank of Hindostan, General Bank of Bengal and Bengal Bank became the first banks in India to issue paper currency in the 18th Century. During this time, paper money was first issued in British Ind ...
As a result, Asians’ fondness for gold is often attributed to cultural reasons. But India and China are culturally very ...
India's central bank could tolerate a sharper depreciation of the rupee if China lets the yuan weaken to cushion the impact ...
The Indian rupee logged its worst week since February as drastic shifts in U.S. trade policy sparked volatility in global ...
At the same time, a weaker rupee does not sit too well politically as governments often prefer a stronger currency. This puts the Reserve Bank of India (RBI ... depreciated 1.1% in the last ...
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 ...
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