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 ...

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.

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.

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.

In place of the rupee (20¢), anna (1/16 rupee) and pie (1/ ... as the first of 610.000,000 new coins poured into the bazaars, India’s newspapers carried conversion tables with instructions on ...

President Trump's potential higher blanket tariff has led to a sharp decline in demand for riskier assets, such as the Indian ...

Many people in India wrongly believe their 10-rupee coins are worthless, after reports of widespread counterfeiting went viral on social media. The coins are real. The news is fake.

The Crypto Rupee Index (CRE8) will track the performance of the eight biggest crypto assets denominated in Indian rupees instead of the U.S. dollar. By Amitoj Singh Updated May 11, 2023, 3:36 p.m ...