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East India Company coinage had one another Urdu and you will English discussing they, so you can helps the used in the new trade. Within the 1671, the new directors of your own East India Team bought a good mint to getting based from the Bombay, labeled as Bombaim. In the 1677 it was approved because of the Crown, the newest gold coins, that have gotten regal approve, have been strike because the silver rupees; the fresh inscription runs “The new rupee of Bombaim”, by expert out of Charles II. Inside business economics, cash is money in the brand new bodily form of money, for example banknotes and you will gold coins.

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