Question

What is the history of rupee​

Answer 1

Answer:

The history of the Rupee traces back to ancient Indian subcontinent. The mention of rūpya by Panini is seemingly the earliest reference in a text about coins. The term in Indian subcontinent was used for referring to a coin. ... The Mughal ruler issued coins honouring the Hindu deities in 1604–1605.

Answer 2

Answer:

The word 'rupee' has been derived from the Sanskrit word rupyakam, meaning a silver coin. It owes its origin to rupiya, issued by Sher Shah Suri in 1540-45. Today, the Reserve Bank of India issues currency under the RBI Act 1934. ET traces the history of rupee from the British era to now.