which medieval ruler introduced the new silver rupee coin, rupaiya, based on a ratio of 40 copper coin (paisa) per rupee?
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Ancient Indians were the earliest issuers of coins in the world, along with the Chinese and Lydians (from the Middle East). The first Indian coins – punch marked coins called Puranas, Karshapanasor Pana – were minted in the 6th century BC by the Mahajanapadas (republic kingdoms) of ancient India.
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