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 ...

The Indian rupee strengthened on Tuesday after Donald Trump held off on implementing trade tariffs on his first day as U.S.

The Indian rupee shed much of its early gains to close largely unchanged on Tuesday as the U.S. dollar recovered after ...

"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 ...

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 rupee dipped 1 paisa to 85.87 against the US dollar in early trade on Friday due to a firm American currency and massive outflow of foreign capital. Higher crude oil prices overseas also ...