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Coll 28/3(3) ‘Persia. Financial Situation’ [15v] (30/375)
The record is made up of 1 file (185 folios). It was created in 21 Jan 1946-5 May 1947. It was written in English. 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. .
Transcription
This transcription is created automatically. It may contain errors.
910
No. 84 - October - November 1946
Exchange market.
During the month of Mehr the market was somewhat dull for transaction
in free foreign exchange holdings, particularly the Pound Sterling Dollars for
the purpose of placing orders for automobiles, and Swiss Francs were, however, in
demand.
Following are variations in foreign exchange rates during the month of
Mehr:
Dollar Bills of Exchange
48.50
to
51.00
Rials
Dollar holdings
48.25
>
50.50
»
Pound Sterling drafts
149.—
>
160.—
»
Pound Sterling holdings
131.—
>
138.—
»
Swiss Franc certificates
obtained against exports
12.50
>
13.—
>
Rupee drafts
10.65
»
10.90
Dollar notes (green)
47.—
»
49.50
»
One Pound Banknotes
134.50
>
137.00
Dinar Notes
137.—
>
141.—
>
Chervonetz
4.75
>
5.—
>
Foreign exchange regulations.
As per letter, dated 6.7.25, of the Foreign Exchange Commission the
merchants can discharge their obligations in respect of goods exported to the coun
tries of the sterling area in any foreign exchange they like.
But exporters who are paid by the authorized Banks against shipping and
other documents should use the foreign exchange thus acquired only in the settle
ment of contracts against the above documents.
Situation in money and precious metals.
During the month of Mehr no increase was made in the amount of Bank
notes in circulation (viz. 7, 700 million rials). Rate of interest in the market was
higher than in the preceding month i. e. under first class signatures 12% to 18%,
under second class signatures up to 30% and against real estate guarantees (price
of which has risen in comparison to the preceding month) 18% to 24%.
About this item
- Content
The file is chiefly comprised of copies, or parts of copies, of Bulletin , a bi-monthly report published by the Bank Melli Iran:
- a complete copy of Bulletin no. 81, Vol XIII April–May 1946 (ff 92-165)
- a complete copy of Bulletin no. 84, Vol XIII October–November 1946 (ff 6-65)
- a supplement to Bulletin No. 82 entitled Iran’s Development Plan (ff 76-88)
- front covers and contents pages to a number of other issues of Bulletin (nos. 74, 75, 76, 77, 79, 82 and 83)
The two complete copies of Bulletin include reports and data on: foreign trade; foreign exchange rates; prices of gold and silver; weekly rates of exchange on the London market; money situation; details of bank rates of discounts; cost of living index for Iran; indexes of wholesale prices at Tehran; commodity prices; tables of Iranian coinage; lists of companies registered in the previous year.
At the rear of the file, enclosed with a letter dated 21 January 1946 from the British Ambassador at Tehran (Reader William Bullard) is an English translation of the General State Budget (Allotments), tabled by the Iranian Minister of Finance on 23 December 1945 (ff 185-187).
- Extent and format
- 1 file (185 folios)
- Arrangement
The papers are arranged in approximate chronological order from the rear to the front of the file. The two printed booklets that make up the bulk of the file (ff 6-65, ff 92-165) have their own printed pagination systems, which are referred to on contents pages at the front of each booklet (f 7, f 93).
- Physical characteristics
Foliation: the foliation sequence for this description commences at the inside front cover with 1, and terminates at the last folio with 187; 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. A previous foliation sequence, which is also circled, has been superseded and therefore crossed out.
- Written in
- English in Latin script View the complete information for this record
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Coll 28/3(3) ‘Persia. Financial Situation’ [15v] (30/375), British Library: India Office Records and Private Papers, IOR/L/PS/12/3397, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100055222493.0x000021> [accessed 25 April 2024]
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Copyright: How to use this content
- Reference
- IOR/L/PS/12/3397
- Title
- Coll 28/3(3) ‘Persia. Financial Situation’
- Pages
- 92r:165v, 76r:88v, 6r:65v
- Author
- Bank Melli Iran
- Usage terms
- The copyright status is unknown. Please contact copyright@bl.uk with any information you have regarding this item.