After all, even the 50 paise coin is still in circulation legally. Technically, a penny, which represents one cent in the US, is not equivalent to an Indian rupee. The Indian rupee is a standalone ...
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 ...
In an era where the global financial system increasingly dominates political conflicts and warfare, a national currency ...
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 Indian rupee will weaken more against the U.S. dollar over the coming year than previously thought on escalating fears of ...
PayPal-Backed Mintoak Strikes India's First E-Rupee Related Deal, Worth $3.5 Million, Sources Say By Ashwin Manikandan NEW ...
Forex traders said the Indian rupee is trading with a negative bias as foreign banks went on a dollar-buying spree and importers scrambled to secure dollars, as they feared further depreciation am ...