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<p>[QUOTE=&quot;spock1k, post: 954970, member: 7043&quot;]Thanks for the welcome Ballabh.</p><p><br /></p><p>Sher shah was the first according to the historians.&nbsp; read any economic paper of the recent weeks in india when they came out with the new symbol.&nbsp; it is detailed in length there.&nbsp; sher shah suri did not rule in southern india where as akbar had mints there.&nbsp; even the east india company minted coins in pagodas 2 centuries later so the rupee was not paramount even then.&nbsp; </p><p><br /></p><p><br /></p><p>you are under a popular misconception RBI in fact has clarified it on their website as well.&nbsp; here is an excerpt</p><p><br /></p><p>Technically, the Mughal period in India commenced in 1526 AD when Babur defeated Ibrahim Lodhi, the Sultan of Delhi and ended in 1857 AD when the British deposed and exiled Bahadur Shah Zafar, the last Mughal Emperor after the great uprising. The later emperors after Shah Alam II were little more than figureheads.</p><p><br /></p><p>The most significant monetary contribution of the Mughals was to bring about uniformity and consolidation of the system of coinage throughout the Empire. The system lasted long after the Mughal Empire was effectively no more. The system of tri-metalism which came to characterise Mughal coinage was largely the creation, not of the Mughals but of Sher Shah Suri (1540 to 1545 AD), an Afghan, who ruled for a brief time in Delhi. Sher Shah issued a coin of silver which was termed the Rupiya. This weighed 178 grains and was the precursor of the modern rupee. It remained largely unchanged till the early 20th Century. Together with the silver Rupiya were issued gold coins called the Mohur weighing 169 grains and copper coins called Dam</p><p><br /></p><p>you can read the rest here</p><p><br /></p><p><a href="http://www.rbi.org.in/currency/museum/c-mogul.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.rbi.org.in/currency/museum/c-mogul.html" rel="nofollow">http://www.rbi.org.in/currency/museum/c-mogul.html</a>[/QUOTE]</p><p><br /></p>

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