It costs more than its value to mint a Rs 1 coin, with production costing Rs 1.11. However, higher denominations like Rs 2, ...

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 ...

US President Donald Trump has ordered a halt to the minting of pennies, the coins denoting a cent of the dollar, over high ...

The circulation of coins in multiple sizes creates considerable confusion. Implementing a standardised approach to currency ...

The sliding rupee's impact on imported inflation and loan costs contrasts with the boost it provides to exports, as weaker ...

Shrinate also shared a pie chart, highlighting the percentage by which the value of the rupee fell during the tenures of various prime ministers over the years. She claimed that when the British left ...

For the next few sessions the rupee value is expected to be guided by the dollar index. Dollar index expected to remain volatile as it awaits data like US GDP and Non-Farm Payrolls (NFP ...