LetsDiscuss: Coin smuggling leads to shortage in Kolkata

The smuggling of Indian coins into neighbouring Bangladesh where they are melted down to make jewellery for higher returns has led to a shortage of coins in Kolkata, police said. The smuggling of copper and nickel coins with a face value of two and five rupees had prompted the Reserve Bank of India (RBI) to order an investigation last month.
3 comments | tags: smuggling all | category: LetsDiscuss | Add this link to... | tell a friend | bakwaas

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  • Avatar | written by Shuchi 1774 days ago Rating: 0 | Rate comment: + -

    wooo....melting coins to make jewellery....thts new!!

  • Avatar | written by herschelbhardwaj 1774 days ago Rating: 0 | Rate comment: + -

    hehehe..another idea..!

  • Avatar | written by Shuchi 1774 days ago Rating: 0 | Rate comment: + -

    indian money has value atleast sumwhr....:)


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