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When were coins first issued under the British rule in india?

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When were coins first issued under the British rule in india?

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  1. India, along with the Chinese were the earliest users of coins, long before any British involvement in India.


  2. The first to adopt the rupee in 1672 were the British through the British East India Company. They issued coins initially in the names of local rulers form the Bengal, Madras and Bombay Presidencies. The British started machine minting coins and technology helped them fix the weight of the silver rupee at 11.21 to 11.66 gm

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