Thursday, November 26, 2009

Plastic Indian Rupee Notes

Finally India too have started printing plastic currency notes. Well, not actually started, but its on trial. In September 2009 Reserve Bank of India decided to use polymer banknotes on trial basis. Initially 100 crore of 10 rupee notes will be introduced. Its lifespan will be about 4 times more than the normal notes. I'm eagerly waiting for those plastic notes.

Also India has minted its first bi-metallic coin. The new 10-rupee Coins are minted with nickel and bronze on the outer side and ferrous steel in the inner side. Here is a picture of our new bi-metallic coin. I got one of it about a month back. I got two of them now.

Source: Wikipedia


  • Indian Rupee was the official currency in Pakistan, Oman, Bahrain, UAE, Tanzania, Kenya, Uganda, Seychelles, Mauritius, etc. until 1960's. Since then these countries started using their own currencies.
  • The Bhutanese Ngultrum is at par with the Indian Rupee and both are accepted in Bhutan. The Indian rupee is also accepted in towns of Nepalese side of Nepal-India border.
  • Some Indian Shops in UK accepts Indian Rupee. 

1 comment:

Siddhartha said...

monetary system is a fake pls visit,sorry if this is causing any spam.