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Rs 1 Coin Production Cost Exceeds Its Value – What About Rs 2, Rs 5 And Rs 10 Coins
As per the RBI's disclosure, a 2 rupee coin costs Rs 1.28, a 5 rupee coin costs Rs 3.69 and a 10 rupee coin costs Rs 5.54. Also Read: How Much Does It Cost To Mint One-Rupee Coin? It's More Than ...
Wall Street Journal6y
The Money Nobody Wants
The problem stems from the large variety of 10-rupee coins in circulation. More than 5 billion coins, worth over $775 million, have been minted since 2010. Rs. 10 coin have been issued both with ...