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You may not know but you can earn up to 5 lakh rupees with just a 2 rupee coin. You may be surprised to hear this, but it is true. If you have an RS 2 coin of the 1994, 1995, 1997, or 2000 series ...
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 ...
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.
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 ...
A Jaipur court allowed a man to pay the maintenance amount of Rs 50,000 to his wife in 1 and 2 rupee coins. The wife alleged 'mental harassment' over the incident.
The Indian rupee had its best week since January 2023, as an Iran-Israel ceasefire cooled oil prices and sapped safe-haven ...
In a bizarre case, a man was allowed by a court here to give Rs 55,000 in 1 and 2 rupee coins to his wife as maintenance dues for 11 months after his family brought the money filled in seven sacks ...
CoinSwitch crypto trading platform on Wednesday announced the launch of Web3 coins that give users acces to over one lakh ...
However, others like the ₹2, ₹5 and ₹10 coins have a cheaper production cost which doesn't exceed their denominated value. Producing the humble one-rupee coin costs the Indian government ...
The rupee is far from being internationalised — the daily average share for the rupee in the global foreign exchange market hovers around ~1.6%, while India’s share of global goods trade is ~2%.