New Denomination 20 Rupees for General Circulation Soon!
The Government of India is reportedly set to introduce a new 20 rupees
coin into general circulation. As per rumors, the coin is anticipated to
be bi-metallic, adopting a Hendecagonal (11-sided) shape and design
similar to the previous 2 rupees coin. If these speculations
materialize, this coin will be the second bi-metallic addition to the
currency, following the 10 rupees coin.
The decision to produce and circulate coins of various face values rests
with the Government of India, and these coins are manufactured in four
different mints across the country: Mumbai, Kolkata, Hyderabad, and
Noida, each identified by distinct mintmarks. The circulation of these
coins is facilitated through the Reserve Bank of India (RBI).
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