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
TABLE XI
_The Increase in the Rupee Cost of Gold Payments_¹⁶³
─────────────────────────────────────────────────────────────────────
Total Excess Amount of this Excess due
of Rupees to
needed to ─────────────────────────────
provide for (1) Fall in (2)
Average the net the Rate of Increase in
Rate of Sterling Exchange gold
Exchange Payments of over that Payments
Financial for the the Year over of 1874–75. over those
Year Year. those of the Year
required to 1874–75.
meet the
Sterling
Payments of
1874–75.
───────────────────────────────────────────────────────────
s. d. R R R
─────────────────────────────────────────────────────────────────────
1875–76 1 9·626 86,97,980 41,13,723 45,84,257
─────────────────────────────────────────────────────────────────────
1876–77 1 8·508 3,15,06,824 1,44,68,234 1,70,38,590
─────────────────────────────────────────────────────────────────────
1877–78 1 8·791 1,30,05,481 1,14,58,670 1,15,46,811
─────────────────────────────────────────────────────────────────────
1878–79 1 7·794 1,85,23,170 1,04,16,718 81,06,452
─────────────────────────────────────────────────────────────────────
1879–80 1 7·961 39,23,570 1,65,37,394 −1,26,13,824
─────────────────────────────────────────────────────────────────────
1880–81 1 7·956 3,12,11,981 1,92,82,582 1,19,29,399
─────────────────────────────────────────────────────────────────────
1881–82 1 7·895 3,18,19,685 1,98,76,786 1,19,42,899
─────────────────────────────────────────────────────────────────────
1882–83 1 7·525 −62,50,518 1,86,35,246 −2,48,85,764
─────────────────────────────────────────────────────────────────────
1883–84 1 7·536 3,44,16,,685 2,33,46,040 1,10,70,645
─────────────────────────────────────────────────────────────────────
1884–85 1 7·308 1,96,25,981 2,48,03,423 51,77,442
─────────────────────────────────────────────────────────────────────
1885–86 1 6·254 −1,82,11,346 2,54,95,337 −4,37,06,683
─────────────────────────────────────────────────────────────────────
1886–87 1 5·441 4,69,16,788 4,46,68,299 −33,47,376
─────────────────────────────────────────────────────────────────────
1887–88 1 4·898 4,63,13,161 4,96,60,536 −33,47,376
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