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 ...
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Do you have a fake 500 rupee note in your pocket? Use these RBI tips to spot a counterfeit note in just one minute.
Do you also have a fake 500 rupee note? While this question sounds quite normal today, it hides a significant danger. A ...
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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