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 a 2018 disclosure by the Reserve Bank of India (RBI) in response to an ...

New Delhi: The cost to manufacture a one-rupee coin is more than its value. According to a report in 2018, the cost of minting a one-rupee coin amounts to Rs 1.11. The disclosure was made by the ...

"Until 1900s, one-rupee denomination in India was issued in coins. However, as the demand for metal shot up during and after the World War I, notes were also introduced and the use of coins was ...

MUMBAI, Jan 21 (Reuters) - The Indian rupee strengthened on Tuesday after ... a 25% tariff on goods from Canada and Mexico from Feb. 1. In a presidential memo, Trump directed U.S. federal agencies ...

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 ...

Fourteen different kinds of 10 rupee coins have been issued by ... It sounds trivial - why worry if people shun one small denomination coin? Yet, it is anything but trivial as the response of ...

The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented ...

The 1-month non-deliverable forward indicated that the rupee will open at 85.80-85.82 to the U.S. dollar, down from 85.7525 in the previous session and possibly past the all-time low of 85.8075 ...

The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the U.S. dollar on Friday (January 17, 2025), as massive outflow of foreign funds and falling domestic ...

The rupee opened at 86.60, stayed range-bound between the high of 86.55 and low of 86.62 throughout the day and ended at 86.62 (provisional) against the greenback, 1 paisa down from its previous ...