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Coll 28/94 ‘Iran. Difficulties experienced by British subjects in Iran in remitting money abroad.’ [15r] (29/247)
The record is made up of 1 file (121 folios). It was created in 13 Jun 1936-5 Apr 1940. 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
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COPY
i
British Legation
(X 11941/2009/503)
($£ 3/14/39)
1st November, 1939
Tehran
Dear Department,
The local press of the 22nd September published the
following decree of the Council of Ministers, No* 8024, and
this considerably relaxes the exchange restrictions:-
M The Exchange Control Commission is authorised to allow
'•persons (not companies holding or obtaining abroad
"non-export exchange or foreign exchange acquired by
"them as commission) to transfer such exchange to
"importing merchants for importation of goods in
"conformity with existing regulations".
2. As you know, sterling is still sold at the official
rate in Iran (a) by this Legation to obtain funds to cover
Government of India expenditure here and at various Consulates,
• ■ '■■ '■ . ' v ' ‘UK- r . ... ...
and (b) by Consulates staffed by the Foreign Office.
3. It seems unnecessary to sell any longer at the
official rate of Rials 80 to the £1, for under this decree it
is possible to obtain now about twice as good a rate from
- —'■
import merchants without any infringement of the local law.
4* At the same time we should like to retain the
discretion agreed to in Baxter's letter E 4096/4/34 of 11th
July about selling exchange at the black rate to deserving
cases, though the applicants concerned may not be import
merchants/
Exchange and Finance Department,
Foreign Office.
About this item
- Content
Correspondence relating to the difficulties encountered by British (predominantly British-Indian) subjects in Iran, in remitting money abroad after the introduction of the Iranian Government’s Foreign Exchange Control Law on 1 March 1936. The correspondence is chiefly exchanged between: officials at the British Legation in Tehran, including HM Envoy Extraordinary and Minister Plenipotentiary A diplomatic representative who ranks below an ambassador. The term can be shortened to 'envoy'. Horace James Seymour, Acting Counsellor Nevile Montagu Butler, and Second Secretary P N Loxley; 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 Foreign Office. The file includes: copies of correspondence sent to the Iranian Government on the problems encountered by British subjects in remitting money abroad from Iran; discussion amongst British Government representatives on what methods could be used to facilitate the remittance of money abroad; copies of petitions and letters written by representatives of the British-Indian community in Iran.
- Extent and format
- 1 file (121 folios)
- Arrangement
The papers are arranged in approximate chronological order from the rear to the front of the file.
- Physical characteristics
Foliation: the foliation sequence (used for referencing) commences at the inside front cover with 1, and terminates at the last folio with 123; 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 28/94 ‘Iran. Difficulties experienced by British subjects in Iran in remitting money abroad.’ [15r] (29/247), British Library: India Office Records and Private Papers, IOR/L/PS/12/3500, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100055772653.0x000020> [accessed 26 April 2024]
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Copyright: How to use this content
- Reference
- IOR/L/PS/12/3500
- Title
- Coll 28/94 ‘Iran. Difficulties experienced by British subjects in Iran in remitting money abroad.’
- Pages
- front, front-i, 2r:41v, 43r:55v, 58r:70v, 80r:97v, 99r:123v, back
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence