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The rupee depreciated 13 paise to close at 86.47 against the US dollar on Wednesday, hurt by persistent risk-off sentiment, ...
The Indian rupee declined on Wednesday on the back of persistent corporate hedging activity and elevated oil prices as market participants continued to fret over escalating hostilities in the Middle ...
The Indian rupee was little changed on Monday as the impact of risk aversion spurred by an escalation of the Iran-Israel ...
After several changes, we now have coins for 1, 2, 5, 10 and 20 rupees. Decimal or non-decimal, there has always been a coin shortage in retail transactions. For consumers, it manifests in various ...
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One rupee coin costs more than its value to produceProducing the humble one-rupee coin costs the Indian government more than its face value. According to a 2018 report from India Today, which cited government responses to an RTI request ...
The one-rupee coin might not hold much monetary significance, but it is of substantial sentimental value in Indian households. But, have you ever wondered how much it might take to mint a one ...
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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