الملف 9/34 العملة في المشيخات العربية" [و‎‎١‎٨] (٢٧٤/٣٥)

M.0.93/6.
frZ
A/
Telegram Inter 2. (CYPHER TELEGRAM - OTP - SECRET)
From Political Resident, Bahrain.
I
To Political Agent, Muscat.
Political Agent, Bahrain. Saving.
Political Agent, Kuwait. Saving.
No.473.
Dated the 26th May 1948.
I have proposed to H.M.G. that announcement
should be made that Indian Rupee will be only currency
recognised by them for all their purposes in Gulf States and
that Rulers should be advised to issue similar declarations.
2. Before reaching a decision H.M.G. require my
comments on following points
i
(a) Nationality of majority of traders in
Gulf States and proportion of Indians
and Pakistanis.
(b) Proportion of trade with India and
Pakistan in each State.
(c) Are there likely to be political
reactions amongst merchants of Pakistani
nationality if Indian Rupee is adopted
and vice versa.
(d) Should any other political considerations
be taken into account e.g. is there a
more natural tie with Pakistan?
3. Please furnish urgently material for reply
so far as your Agency is concerned and say whether you
recommend that Indian or Pakistani currency should be
adopted.
4. To Bahrain and Kuwait only . Please ascertain
confidentially whether the Bahrain Goveynmegt
Kuwait Government
pronounced views in favour of either currency. Sultan has
already expressed a preference for Indian currency.