the mughals adopted the rupee from the currency developed by
History of the rupee Sher Shah Suri, 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.[3][6] The silver coin remained in use during the Mughal period, Maratha era as well as in British India.[7] 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).