According to a visiting Chinese Buddhist monk, in India as late as the fifth century CE, most commercial transactions were conducted by barter rather than coins or currency.

Name: According to a visiting Chinese Buddhist monk, in India as late as the fifth century CE, most commercial transactions were conducted by barter rather than coins or currency.
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This statement is true as barter was a common method of trade in ancient India before the advent of coins and currency.

According to a Visiting Chinese Buddhist Monk, in India as Late