How India and Pakistan Divided the Money After Partition ft. Pragati | Jist
By Jist
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In this episode of Jist’s Once Upon A Time, we trace the money trail behind Partition, from the Partition Council and the Reserve Bank of India’s role in Pakistan, to the Indian currency that continued to circulate there, Pakistan’s first banknotes and the creation of the State Bank of Pakistan. We also look at why India held back ₹55 crore, why Pakistan demanded the money, how Mahatma Gandhi became involved, and how India and Pakistan eventually moved towards completely separate monetary systems. This is the story of Partition’s Money War, a lesser-known chapter of 1947 that shows how dividing two countries meant dividing much more than borders. #IndiaPakistan #Partition1947 #PakistanCurrency #IndianCurrency #MahatmaGandhi #IndianHistory #Jist #OnceUponATime
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