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Category Archives: 10 Rupee Coin

India threatens legal action if coin is refused

The U.S. golden dollar coins may not be popular, but at least you won’t face legal action if you refuse to accept them. The same is not true if you refuse to accept the 10-rupee coin in commerce in India.

On Sept. 20 the Reserve Bank of India confirmed the much-embattled 10-rupee coin is still in circulation despite rumors otherwise, while stating anyone who refuses to accept the coin could face legal action. It appears this harsh warning may be necessary since the public is widely rejecting the coin, even if it is for all the wrong reasons.

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