Hosted on MSN4h
As Trump fires the penny, here's how India's one-rupee coin is holding up
US President Donald Trump has ordered a halt to the minting of pennies, the coins denoting a cent of the dollar, over high ...
Hosted on MSN1mon
RBI Bans Old ₹5 Coins: Here's Why This Major Decision Was Taken
The Reserve Bank of India (RBI) has made a significant decision to discontinue certain old ₹5 coins. This step has raised curiosity about the reasons behind the move. Let’s break down the ...
The Pioneer4dOpinion
Streamline currency and coinage system to reduce confusion
The circulation of coins in multiple sizes creates considerable confusion. Implementing a standardised approach to currency ...
Business Insider India5y
The RBI has a coin distribution problem - and it might be thinking about outsourcing the job to someone else
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 ...
Mint8d
RBI News
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 ...
Fortune India13d
RBI approves CRED to launch e₹ wallet, first fintech to roll out CBDC
Kunal Shah’s CRED has become the first fintech to collaborate with the RBI on a CBDC project, launching the e₹ wallet beta ...
news24online23h
RBI’s Gold Buying Is Not To Replace Dollar For International Settlements: FM Sitharaman In Lok Sabha
Nirmala Sitharaman clarifies that India's rising gold reserves aim for portfolio diversification, not to replace the US ...