Hosted on MSN1mon
Cost of minting a One-Rupee coin is more than its face value, the cost is..., cost of making Rs 2, Rs 10, Rs 2000 is...
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 ...
Hosted on MSN1mon
How Much Does It Cost To Mint One-Rupee Coin? It's More Than Its Value
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 ...