Describe the brief tughluq Policy of token currency
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Describe the brief tughluq Policy of token currency
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Ans. Tughluq did not control prices of the goods. Instead, he used a token currency, made out of cheap metals, and not of gold and silver. People in the 14th century did not believe in these coins. They saved their gold and silver coins and paid all their taxes to the state with this token currency. This cheap currency could be counterfeited easily.