wake of the East Asian financial crisis. Chart showing exchange rate of Indian silver rupee coin (blue) and the actual value of its silver content (red against British pence. Australian Dollar, bitcoin, brazilian Real, british Pound, bulgarian Lev. Indian flag, 4 and also depict an equality sign that symbolises the nation's desire to reduce economic disparity. Retrieved Chandra, Satish (2004 Medieval India: From Sultanat to the Mughals-Delhi Sultanat (1206-1526) - Part One, Har-Anand Publications,. . Thus, colloquially, a person speaking in Bengali may use "taka" to refer to money regardless of what currency it is denominated.
"Internationalisation of currency: the case of the Indian rupee and Chinese renminbi" (PDF). Local firms are able to take capital out of the country in order to expand globally. Regal issues, edit In 1862, coins were introduced (known as "regal issues which bore the portrait of Queen Victoria and the designation "India". The United Kingdom began to look to its possessions as India to compensate for the gold that was sold. The Philippine Peso is the currency in Philippines (PH, PHL). New Zealand Dollar, nigerian Naira, norwegian Krone, pakistan Rupee. Retrieved 5 November 2011. Data source: Reserve Bank of India reference rate For almost a century following the Great Recoinage of 1816, and adoption of the Gold Standard, until the outbreak of World War I, the silver backed Indian rupee lost value against a basket of Gold pegged currencies. AUD - Australian DollarCAD - Canadian DollarCHF - Swiss FrancCNY - Chinese Yuan RenminbiDKK - Danish KroneEUR - EuroGBP - British PoundHKD - Hong Kong DollarHUF - Hungarian ForintINR - Indian RupeeJPY - Japanese YenMXN - Mexican PesoMYR - Malaysian RinggitNOK - Norwegian KroneNZD.
Philippine Peso, polish Zloty, qatari Rial Romanian Leu Russian Ruble Saudi Riyal Serbian Dinar Singapore Dollar South African Rand Sri Lanka Rupee Swedish Krona Swiss Franc Taiwan Dollar Thai Baht Turkish Lira Ukraine Hryvnia. Current circulating banknotes edit Main articles: Mahatma Gandhi Series and Mahatma Gandhi New Series As of, the current circulating banknotes are in denominations of 5, 10, 20, 50 and 100 are of the Mahatma Gandhi Series, while the denominations of 50, 200, 500 and 2,000. Madras also issued two-rupee coins.