The Times of India, often abbreviated as TOI, is one of India's leading daily newspapers and has the highest circulation amongst English language daily broadsheets in the world.
The Times of India was founded on November 3, 1838 as The Bombay Times and Journal of Commerce, and served the British residents of western India.
The Times of India is published by India's largest media group, Bennett, Coleman and Co. Ltd.
At various times countries have either restamped foreign coins, or used currency board issuing one note of currency for each note of a foreign government held, as Ecuador currently does.
The solution which evolved beginning in the late 18th century and through the 19th century was the creation of a central monetary authority which had a virtual monopoly on issuing currency, and whose notes had to be accepted for "all debts public and private".
From the earliest times token coins were issued by companies in remote parts of the world to overcome the shortage of circulating currency.
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