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

New ₹5 Coins Are in Use: The RBI has introduced thinner, golden-colored ₹5 coins that are now widely accepted in the market. This isn’t the first time the RBI has made significant changes to ...

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

Acknowledging the recent innovations by fintech startups, the Reserve Bank of India (RBI) has now released a ... we even went so far as to create the new coins and deploy them as ERC20 tokens ...

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

Amid an oversupply of coins, storage costs are getting unfeasible as the RBI is running out of space to keep them. As a result, the RBI is looking to outsource the distribution of coins to a ...

The Indian rupee tumbled to a record low against the US dollar amid global trade tensions, but the government is not worried, emphasizing the currency’s free-floating nature and the RBI’s role ...

Reportedly, the Reserve Bank of India (RBI) has issued a statement against the usage of virtual currencies/encrypted money like bitcoin. The further usage of any such currency will be considered ...