Currency Management

24 January 2004RBI/2004/27/03.00/2003-04 The Chairman & Managing Director, All Public/Private Sector Banks. Dear Sir, Withdrawal of old Cupro Nickel and Aluminum Coins Please refer to our letter DCM (RMMT) No.404/11.37.01/2003-04 dated 9th October 2003 regarding reverse flow of coins from the public. It has now been decided by the Government that old coins of value up to Re.1/- made from Cupro-Nickel alloy and Aluminum should be withdrawn and sent to Mints for mel