Don't be too alarmed, the Indian economy isn't about to tank - not quite yet, anyway. The bank's herculean campaign is only designed to ensure the integrity of the country's humble 10 rupee coin ...

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, reflecting inflation's impact on production costs. Coins like ₹2, ₹5, and ₹10 h ...

With the rupee depreciating around 10% in 2022 so far against the dollar, Indian IT firms could have added about 2% to their operating margin.

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.

Veteran Bollywood actor Amitabh Bachchan has been roped in to urge Indians to accept 10-rupee coins. PHOTO: RESERVE BANK OF INDIA Debarshi Dasgupta India Correspondent Updated Sep 15, 2022, 12:29 ...

The Indian currency will withstand the recent strengthening of the dollar, Finance Minister Nirmala Sitharaman said, reiterating a central bank forecast that the South Asian economy will grow at 7 ...

In place of the rupee (20¢), anna (1/16 rupee) and pie (1/12 anna) of the past, the new money will consist solely of rupees and naye paise (literally: new coins) worth .01 rupees.

The Indian central bank's PR offensive in defence of the 10 rupee coin is an attempt to ensure that the peoples' faith in the rest of the country's cash isn't undermined.