At its core, a stablecoin is simple: a digital token pegged to a real-world currency like the US dollar or rupee. But its ...

The Reserve Bank of India (RBI) has a digital currency under trial, but it may be time for RBI-regulated rupee-pegged ...

India will release a 100 Rupee coin to celebrate M. S. Swaminathan's 100th birthday. The coin will be made of silver, copper, ...

India's foreign exchange reserves topped $700 billion last week to hit a 9-month high, which, alongside the central bank's ...

The one-rupee coin, which costs ₹1.11 to mint, exceeds its face value, ... Coin production by the Indian Government Mint shows a decline from 903 million in 2017 to 630 million in 2018.

The one-rupee coin is minted by the Indian Government Mint (IGM) at Mumbai and Hyderabad. The RBI in its currency presses manufacture from Rs 2 to Rs 2,000.

Post-Independence, a new coinage system for the nation was required. While the coins were issued in 1950, in 1949 engraver Patrick Brindley designed a set of 8 coins ranging from 2 annas to 1 rupee.

The Reserve Bank of India's increased tolerance for rupee volatility is prompting companies to more actively manage forex ...