An organisation of Telugu non-resident Indians (NRIs) formed with the Andhra Pradesh government’s support – AP Non-Resident Telugu (APNRT) Society – has offered to purchase the stock from Tirumala Tirupati Devasthanams (TTD) at actual cost. “While the foreign currency notes are exchanged with the RBI (Reserve Bank of India) for Indian rupees, there is no way the coins could be exchanged because of their small value. Repeated negotiations with the RBI authorities did not yield any results,” a TTD official said on condition of anonymity.

An organisation of Telugu non-resident Indians (NRIs) formed with the Andhra Pradesh government’s support – AP Non-Resident Telugu (APNRT) Society – has offered to purchase the stock from Tirumala Tirupati Devasthanams (TTD) at actual cost. “While the foreign currency notes are exchanged with the RBI (Reserve Bank of India) for Indian rupees, there is no way the coins could be exchanged because of their small value. Repeated negotiations with the RBI authorities did not yield any results,” a TTD official said on condition of anonymity.