which ruler issued the first rupiya in country
Emperor Sher Shah Suri
title: Rupee text: his brief rule between 1540 and 1545. Suri also introduced copper coins called "dam" and gold coins called "mohur" that weighed 169 grains (10.95 g). The Indian rupee was re-introduced in Medieval times, issued and termed as "rupiya", the silver coin, by Sher Shah Suri (1540–1545), continued by the Mughal rulers. The history of the rupee traces back to Ancient India circa 3rd century BC. Ancient India was one of the earliest issuers of coins in the world, along with the Lydian staters, several other Middle Eastern coinages and the Chinese wen. The term is from "rūpya", a Sanskrit term title: History of the rupee text: East Africa, Southern Arabia and the Persian Gulf. Ancient India in circa 6th century BC, was one of the earliest issuers of coins in the world, along with the Chinese wen and Lydian staters. The first "rupee" is believed to have been introduced by Sher Shah Suri (1486–1545), based on a ratio of 40 copper pieces (paisa) per rupee. The word "rupiya" is derived from word "rūpa", which means "wrought silver, a coin of silver", in origin an adjective meaning "shapely", with a more specific meaning of "stamped, impressed", hence a "coin". It is derived from the noun "rūpa" "shape, title: History of the rupee text: were developed in the Mughal style and those of Madras mostly in a South Indian style. The English coins of Western India developed along Mughal as well as English patterns. It was only in 1717 AD that the English obtained permission from the Emperor Farrukh Siyar to coin Mughal money at the Bombay mint. The British gold coins were termed Carolina, the silver coins Anglina, the copper coins Cupperoon and tin coins Tinny. By the early 1830, the English had become the dominant power in India. The Coinage Act of 1835 provided for uniform coinage throughout India. The new coins title: One rupee (Indian coin) text: coins in 1542 and named it "Rupiya" (meaning "beautiful form"). The denomination remained in usage through the Mughal, Maratha, East India company and British rules. The rupiya was retained by the East India company till 1835 and formed the basis of the British Raj currency till 1947. Each rupiya coin weighed . Sub-unit of rupyia were copper pieces and 40 copper pieces constituted one rupiya. Sher Shah Suri named the copper pieces as Paisa. The Madras Presidency issued one rupee coins till 1815 AD. One rupee was equal to twelve fanams. In 17 century AD, the East India Company wanted title: History of the rupee text: during his five-year rule from 1540 to 1545, set up a new civic and military administration and issued a coin of silver, weighing 178 grains, which was termed the "Rupiya". The silver coin remained in use during the Mughal period, Maratha era as well as in British India. Among the earliest issues of paper rupees include the "Bank of Hindostan" (1770–1832), the "General Bank of Bengal and Bihar" (1773–75, established by Warren Hastings), and the "Bengal Bank" (1784–91). The Indian rupee was a silver-based currency during much of the 19th century, which had severe consequences on the standard value of