Tuesday, May 5, 2009

The new 10 Rupee coin

Last weekend I had the look at the new 10 rupee coin released by Reserve bank of India. First I found it awkward to be called as a coin when it was more looking like two pieces of metal joined together.Came to know its bimetalic type of coin ,maybe the 1st kind minted in India.



One good thing about coins is that they have lifetime more than notes but seeing this 10 rs coins makes me wonder whether the rupee value is going down further,when people will make 10rs the base for all transactions.Now all people will have money but they have to shell out a lot to get things for them. Our government should take care to prevent further fall of rupee and we should not come to situation where our govenment is going to mint 100rs and 1000rs coins.

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