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East India Company coinage got each other Urdu and you may English talking about they, to help you helps the use in the brand new change. Inside 1671, the brand new administrators of your Eastern India Business bought an excellent mint to become based in the Bombay, called Bombaim. Inside the 1677 it was sanctioned because of the Crown, the newest coins, having received regal approve, have been hit while the silver rupees; the brand new inscription operates “The fresh rupee away from Bombaim”, because of the authority from Charles II. Within the economics, money is money in the brand new physical form of money, for example banknotes and gold coins.

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