The Problem of the Rupee, Its Origin and Its SolutionAmbedkar, B. R. (Bhimrao Ramji)
History
The Problem of the Rupee, Its Origin and Its Solution
Ambedkar, B. R. (Bhimrao Ramji)
Currency question -- India
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In England. In India. Percentage
─────────────────────────────────────────────────────────────────────────────────────────────────────────────── of
Purchase Cash Temporary Gold Total. Coined Outstanding Temporary Gold. Total. Volume Reserve
March value at Loan deposited Rupees Debt Loan Total of to
31 of Short to at in from to Reserve, Rs. Rs.
in Sterling Notice. the the India. Treasury Treasury England in in
each Securities. Home Bank Balances. Balances. and Circulation Circulation
Year. Treasury. of India. in (£
England. Crores. =
Rs
15)³⁵⁴
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(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14)
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1901 — — — — — — 1,831 — 1,200 3,031 3,031 143 3·1
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1902 3,454 — — — 3,454 — — — - — 3,454 138 3·7
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Public-domain text, read in full here on John Shaqi.
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