The Reserve Bank of India does not print the one-rupee note, a part of the Indian currency. Scroll down to know the reason and who issues it.
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 RBI ...
On May 19, the Reserve Bank of India announced that it was pulling out of circulation the country’s highest denomination currency, the 2,000 rupee note (worth $24.27 at today’s exchange rate). Unlike ...
MUMBAI, May 22 (Reuters) - The Indian rupee is expected to open weaker against the U.S. dollar after the central bank said it will withdraw the highest value currency note from circulation.
MUMBAI, July 3 (Reuters) - The Reserve Bank of India (RBI) said on Monday 76% of the country's highest denomination 2000-rupee currency notes - worth 2.72 trillion rupees ($33.19 billion) - have been ...
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