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 ...

Gulf News Archive Dubai: The Indian rupee has pulled back from its all-time low of 23.95 to the dirham (87.95 to a dollar), but there is as yet nothing to suggest whether the pressure has eased ...

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 alongside government bonds will likely take cues from the U.S. Federal Reserve's policy decision and commentary on the impact of policy changes under the new Trump administration.

In an era where the global financial system increasingly dominates political conflicts and warfare, a national currency ...

PayPal-Backed Mintoak Strikes India's First E-Rupee Related Deal, Worth $3.5 Million, Sources Say By Ashwin Manikandan NEW DELHI (Reuters) - Indian startup Mintoak, which provides merchant payment ...