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 ...

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 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 ...

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 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 ...

The rupee's near-dated volatility expectations also rose on Monday, with the 1-month implied volatility touching a more-than-16-month peak of 3.7%. This came on the back of rising expectations of ...

The 1-month non-deliverable forward indicated that the rupee will open at 85.62-85.63 against the U.S. dollar, compared with its previous close of 85.6150. Advt The local unit dipped to its sixth ...