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Saturday, July 9, 2011

INDIAN CURRENCY: Pranab Mukherjee releases new series of coins!

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July 8, 2011 / ANI, New Delhi / DC.

Union Finance Minister Pranab Mukherjee releasing a new series of coins of the denomination of 50 paise, Rs.1, 2, 5 and 10 in New Delhi - PTI
Union Finance Minister Pranab Mukherjee releasing a new series of coins of the denomination of 50 paise, Rs.1, 2, 5 and 10 in New Delhi - PTI.

The design has been adopted keeping in mind the difficulties faced by visually-challenged people.


Union Finance Minister Pranab Mukherjee today released a new series of coins with improved design and a revised size in the denomination of 50 paise, Rs.1, 2, 5, and 10.
Speaking on the occasion, Mukherjee said that new coins will not only reduce the cost of moving materials, but also are of user-friendly size and weight.
He said that security edging of the new series of coins would be good for better recognition by visually-challenged persons and will have improved counterfeiting resistance.
The present series of coins of 50 paise, Rs.1, 2, and 5 contain a flowery design and for Rs.10, the number of petals have been brought down to 10 in place of the existing 15 petals.
The parallel lines on the obverse side of the Rs.10 coin have been removed and the size of Ashok Pillar has been increased.


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