The Imperial Monetary System of Mughal India

Early modern India under the Mughals evolved a powerful uniform currency and monetary order. Like the state that created it, the Mughal monetary system was pervasive, flexible and long-lived. One indication of this is the sheer number and wide distribution of coins in circulation or retained in private and public coffers; as remarkable was the fact that this enormous mint output occurred, over two centuries, in a region lacking in any significant output of silver and gold, and only limited copper. This volume of seven essays by distinguished economic historians, constitutes the first coherent and systematic study of the Mughal monetary system, and the process of imperial monetary integration.