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The Reserve Bank of India will also issue new Rs 5 and Rs 10 coins. The coins will bear Ramachandaran’s portrait in the centre along with the inscription ‘DR M G Ramachandran Birth Centenary’ on the lower periphery.
“The coins of the following denominations (Rs 100 and Rs 5) shall also be coined under the authority of the Central Government to commemorate the occasion of Dr MG Ramachandran birth centenary,” the circular from the Finance Ministry said.
The new Rs 5 coin will be 23 millimeters in diameter and made of copper (75 per cent), zinc (20 per cent) and nickel (5 per cent). Where in the standard weight of Rs 100 coin will be made of 35 grams while that of Rs 5 coin will be 6 grams.