What was the cause of disruption of trede and commerce in mahummed bin tughlaq empire
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The policy was undertaken since there was an acute shortage of silver at that point of time. However, this experiment led to the circulation of a large number of fake or counterfeit coins. This wreaked havoc on trade and commerce in the Sultanate. As a result, Muhammed bin Tughlaq had to withdraw the token currency.
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The policy was undertaken since there was an acute shortage of silver at that point of time. However, this experiment led to the circulation of a large number of fake or counterfeit coins. This wreaked havoc on trade and commerce in the Sultanate. As a result, Muhammed bin Tughlaq had to withdraw the token currency.
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