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 ...

The rupee pared early losses to settle higher by 10 paise at 87.21 against the US currency on Tuesday as the dollar fell to a four-month low level and crude oil prices also stayed subdued.