The Reserve Bank of India has issued silver commemorative coins in remembrance of the 150th anniversary of the birth of the country’s national hero, Mohandas K. Gandhi — otherwise affectionately known as the Mahatma, or, “venerable soul
Category Archives: rupee coins
India: Silver commemorative coins celebrate 150th anniversary of the birth of the Mahatma
The Reserve Bank of India has issued silver commemorative coins in remembrance of the 150th anniversary of the birth of the country’s national hero, Mohandas K. Gandhi — otherwise affectionately known as the Mahatma, or, “venerable soul
India announces and unveils future issue of new 20-rupee circulation coin
The Finance Ministry has announced via an official gazette notification that they will issue new 20-rupee circulation-type coins with an exchange value of 29 U.S
Sri Lanka: Central Bank announces the issue of four re-designed circulation coin denominations
The Central Bank of Sri Lanka has unveiled (27th November) a new series of circulation coins with the face value of 10, five, two, and one rupee. The bank’s objectives for the production and issue of the new coins is aimed at reducing the cost of coin production, increasing the durability of coins, easing transport, and being easily identifiable by visually impaired people
India: Chronic shortage of 10-rupee coins forces mints to increase smaller denominations
The Reserve Bank of India has responded to a shortage of 10-rupee coins with orders of smaller denomination coins to make up the difference in the money supply. Owing to a delay in the procurement of raw materials which are needed to mint the base metal bi-metallic coins, the Reserve bank had little option but to decrease their orders from the Security Printing & Minting Corporation of India (SPMCIL), which oversees the country’s four government minting units in Kolkata, Mumbai, Hyderabad, and Noida