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.

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.

It has even recruited veteran Bollywood actor Amitabh Bachchan to persuade people to use the coins. ... in to urge Indians to accept 10-rupee coins. PHOTO: RESERVE BANK OF INDIA. Debarshi Dasgupta.

The one-rupee coin, which costs ₹1.11 to mint, exceeds its face value, reflecting inflation's impact on production costs. Coins like ₹2, ₹5, and ₹10 have varying minting expenses.

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 ...

The rupee is likely to lag most of its Asian peers in a softer dollar environment, analysts say, with the Indian currency weighed down by an imbalance between what the country owes and owns abroad.

India’s Rupee Will Endure Dollar Strengthening, Sitharaman Says. RBI is making efforts to contain the rupee volatility: FM; Cryptocurrency, climate action on agenda during G20 presidency ...