Hammurabi's stele

Hammurabi ruled Mesopotamia from 1792 to 1750 B.C. and is most famous for the legal code set forth on this stone stele currently in the Louvre. Hammurabi's code was based upon similar legal codes promulgated by earlier Akkadian and Sumerian rulers of Mesopotamia. Like others before him, Hammurabi explicitly limited the rate of interest to 20% on loans of silver, 33 1/3 % on loans of grain.