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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Correlation
Ratio of Ratio between Relative
Production of Production and
(by Value Index Relative Value.
Weight) of Index Number ────────────────────────
of Gold Gold Number for Relative Relative
Period. to to for the the Production Value
Silver. Silver. Ratio of Ratio of of
As 1 As 1 Production. of Silver. Silver.
Grain Grain Value. Falls - Falls
to: to: Rises + -
Rises
+
────────────────────────────────────────────────────────────────────────────────
1681–1700 31·8 14·95 100 100 — —
────────────────────────────────────────────────────────────────────────────────
1701–1720 27·7 15·21 87 101·7 −13 −1·7
────────────────────────────────────────────────────────────────────────────────
1721–1740 22·6 15·10 71 101 −29 −1·0
────────────────────────────────────────────────────────────────────────────────
1741–1760 21·7 14·70 67 98·3 −33 +1·7
────────────────────────────────────────────────────────────────────────────────
1761–1780 31·5 14·40 99 96·3 −1 +3·7
────────────────────────────────────────────────────────────────────────────────
1781–1800 49·4 15·08 155·6 100·8 +55·6 −.8
────────────────────────────────────────────────────────────────────────────────
1801–1810 50·3 15·67 158·0 104·8 +58·0 −4·8
────────────────────────────────────────────────────────────────────────────────
1811–1820 47·2 15·68 148·0 104·9 +48·0 −4·9
────────────────────────────────────────────────────────────────────────────────
1821–1830 32·4 15·82 101·9 105·8 +1·9 −5·8
────────────────────────────────────────────────────────────────────────────────
1831–1840 29·4 15·77 92·4 105·4 −7·6 −5·4
────────────────────────────────────────────────────────────────────────────────
1841–1850 14·2 15·81 44·6 105·8 −55·4 −5·8
────────────────────────────────────────────────────────────────────────────────
1851–1855 4·4 15·45 13·8 103·3 −86·2 −3·3
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