New 20 Rs coin will be released soon!
Yesterday, the Finance Ministry of India has announced that a notification has been issued in order to release a new coin for Rs. 20 which will look similar to Rs.10 coin. The colour will be two-toned and will be shaped like a 27 mm in diameter.
But, this new coin will not have Marky edges like a 10-rupee coin which has ten leaves figures. The outer ring will be 65% copper, 15% zinc and 20% nickel. The inner ring will be 75% copper, 20% zinc and 5% nickel. The more detailed information on the front and back views of the coin are yet to be disclosed.
Back in 2009, the Reserve Bank of India had issued the first 10-rupee coin. Ever since there have been many variations in it and the RBI clarified that all 14 kinds of coins are legal and not to get confused.
Sooner or later, the government will also release new versions of Re.1, Rs.2, Rs.5, and Rs.10 coins.