Reserve Bank of India to issue new coins of 50 paise to Rs 10 denomination

The Reserve Bank said on Friday that will soon release the new coins in five denominations of 10 paise fifty in RS "The RBI will soon be offered on the move ... fifty paise coins, one rupee, two rupees, five-and ten-rupee notes rupees, "Apex bank said in a statement.

The fifty Pais, Re 1 and Rs 2 coins are made of ferritic stainless steel with iron and chromium, while Rs 5 coins are nickel-plated brass with a variable composition of copper, zinc and nickel. RS 10 pieces are made of copper and nickel.

Fifty paise is the lowest denomination of the country is now in force when 25 paise coins withdrawn from circulation by day 30 June. All of the new coins would have a spherical shape and a diameter between 19-27 mm, the statement said.

The coins must be Leone Capitol Ashoka Pillar and 'India' the word in English on one side and half the value of the confessional.