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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 ...
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RBI discontinues specific Rs 5 coins from circulation: Here's WhyIf a coin or rupee note is withdrawn from circulation or newly issued, the approval of the Central Government is required for the Reserve Bank. Currently, coins from 1 rupee to 20 rupees are in ...
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 ...
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