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Rs 10 coins on the anvil

New Delhi, Oct. 23: After Rs 5, it is now the turn of the Rs 10 note to go metallic. The government in a statement today said it may soon issue coins of Rs 10 denomination. The statement released here also added that the government has installed 22 machines dealing in currency verification and processing.

The machines, located at the Reserve Bank of India offices spread across the country, will be able to sort out soiled and mutilated notes and eventually destroy them. In addition, it can detect counterfeit currency notes.

RBI officials said that 15 million pieces of soiled notes had already been taken out of circulation and that the bank has instructed commercial banks not to re-issue the old Ashoka Pillar series bank notes.

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