The E-Sylum:  Volume 8, Number 15, April 10, 2005, Article 14

INDIA HAS TOO MANY LOW VALUE COINS.

Dick Johnson writes: "The Reserve Bank of India has
pleaded with the Indian government to please stop striking
small-denomination coins. India, which has a long history of
low value coins, has four mints striking the country’s coin of
the realm. The bank states it is "faced with a problem of
plenty ... small-denomination coins."

News article: Full Story

Website: Website

  Wayne Homren, Editor

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