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'11/6 SAUDI ARABIAN CURRENCY' [‎27r] (54/125)

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The record is made up of 1 file (60 folios). It was created in 29 Nov 1935-21 Nov 1944. It was written in English and Arabic. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .

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Confidential
N
v
D.O. No* C/732
Dated the 15th November 1939*
The Saudi Government's affection for the riyal is
evidently not shared by the public in Hasa* In the past
month something like half a million riyals have been brought
into Bahrain and exchan ed here for rupees Indian silver coin also widely used in the Persian Gulf. , v-hile at the
same time heavy exports of rupees Indian silver coin also widely used in the Persian Gulf. have been made to Kuwait,
whence presumably they will find their way into the northern
part of Hasa* The Saudi Government buy back these riyals
through the Eastern Bank, and as there is no prohibition so
far on the export of rupees Indian silver coin also widely used in the Persian Gulf. (coins) from India, I suppose
all this does not mrtter very much. Nevertheless I understand
it is a fact that the riyal has nothing like the same silver
content as the rupee, and it is not altogether desirable that
the Manama bazaar should be flooded with these coins. But I
do not feel competent to advise whether any restriction on
the imports of riyals into Bahrain or the exports of Indian
rupees Indian silver coin also widely used in the Persian Gulf. to Hasa should be imposed*
Yours sincerely,
±ne Honourable Lieutenant-Colonel
C. G. Prior. C.I.B*.
Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. in the
Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. *

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Content

This file concerns the circulation of currency between Saudi Arabia, the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. and India. The file contains correspondence between the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. in the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. at Bushire; the Political Agent A mid-ranking political representative (equivalent to a Consul) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Agency. at Bahrain; Charles Dalrymple Belgrave, Advisor to the Government of Bahrain; C W F Skrimshire and M Gunn, the Eastern Bank Limited, Bahrain; Yousuf bin Ahmed Kanoo [Yūsuf bin Aḥmad Kānū]; the Residency An office of the East India Company and, later, of the British Raj, established in the provinces and regions considered part of, or under the influence of, British India. Agent, Sharjah. There is also correspondence from the India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. and the Government of India, which has been forwarded to the Political Agent A mid-ranking political representative (equivalent to a Consul) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Agency. by the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. .

The correspondence for 1935-36 (ff 3-21) concerns the import of large quantities of Indian rupees Indian silver coin also widely used in the Persian Gulf. into Saudi Arabia via the port of Jedda and Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. ports, due to the Saudi government’s preference of paying officials and tribal subsidies in rupees Indian silver coin also widely used in the Persian Gulf. instead of dollars. The essence of this situation is explained in a report by Loch, entitled 'Note on the Rupee-Maria Theresa Dollar position in Najd, Hasa and Bahrain', sent to the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. on 3 March 1936. The correspondence for 1939-40 (ff 22-49) concerns further abnormal exports of rupees Indian silver coin also widely used in the Persian Gulf. from Bahrain to Kuwait and Hassa (al-Aḥsā’) due to a lack of confidence in the stability of the Saudi Arabian riyal as a result of the Second World War; also discussed is the possibility of an embargo being placed on the export of rupees Indian silver coin also widely used in the Persian Gulf. from India to Saudi Arabia and the impact that that would have on the Trucial Coast A name used by Britain from the nineteenth century to 1971 to refer to the present-day United Arab Emirates. states and Qatar. The final section of correspondence for the year 1944 (ff 50-55) concerns a request from ‘Abd al-‘Azīz bin ‘Abd al-Raḥmān bin Fayṣal Āl Sa‘ūd (Ibn Saud) for the British government to send senior military and financial experts, preferably Sunni Muslims, to Saudi Arabia to aid the establishment of an army and reorganise the financial structure of the state.

Extent and format
1 file (60 folios)
Arrangement

The papers are arranged in chronological order from the front to the rear of the file. File notes appear at the rear of the file.

Physical characteristics

Foliation: the main foliation sequence commences at the front cover and terminates at the back cover; these numbers are written in pencil, are circled, and are located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio. An additional foliation sequence is also present in parallel between ff 2-61; these numbers are also written in pencil, but are not circled, and are located in the same position as the main sequence.

Written in
English and Arabic in Latin and Arabic script
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'11/6 SAUDI ARABIAN CURRENCY' [‎27r] (54/125), British Library: India Office Records and Private Papers, IOR/R/15/2/468, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100025110117.0x000037> [accessed 18 April 2024]

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