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RBI set to circulate new one rupee note

According to reports, the Reserve Bank of India is set to circulate new notes in one rupee denomination. However, the RBI said that the existing notes and coins would continue to be legal tender. The new notes, printed by the Government of India, will be predominantly pink-green in colour. Further, the design on the reverse side will consist of the picture of Sagar Samrat, the oil exploration platform.

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