Tuesday, August 7, 2007

Mint St to coin Rs 10, take note of plastic

NEW DELHI: Sabse bada rupaiah can move over — you could soon have the sabse bada coin: Rs 10. The high-denomination coin, in the works for long, may finally see light of the day this fiscal. The coin would be bi-metallic, on the lines of coins in Europe and various countries where two metals are displayed in two rings, a government source told ET. The metals that will be used for the coin include ferritic stainless steel and nickel-bronze. The bi-metallic character prevents counterfeiting, say experts....

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