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Coll 30/224 'Currency Arrangements in the Arab Sheikhdoms of the Persian Gulf' [‎49r] (105/157)

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The record is made up of 1 file (74 folios). It was created in 22 Sep 1948-14 Sep 1949. 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. .

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I
! wzzr.io i
I !
Th« Persian <*nlf Basldanlgri
Bahrain*
e x. r
744

49
8th June 9 1949*
!<
J*
Y
r
Plaasa refer to Chadwick•» letter (E557/115/
in which 91) of the 19th hay ojy' Grafftey Saith«» letter No*406
1 was askedf the 28th December t 1648. to Patrick about the
to comaentalleged discrimination ag&lnst Pakistanis in the
Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. . I have dealt ± wlth this question to
some extent in the cone lading ^paragraphs of my
despatch No.29 of th# 29th May. Since I received
\ Grafftey Smith 9 s letter I have been trying to obtain
particulars of the number of Pakistanis and Indians
employed in the various offices. owing tb the present
shortage of staff it takes a very long time to collect
Information of this sort. So far as this 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.
and its subordinate offices are concerned. I am pretty
sure that we employ a much greater proportion of Pak«
istanls to Indians than we did before the separation
of the two countries took place. *
2. I discussed the currency question with Weight.
His view is that the remedy to the present situation
lies in the hands of the Pakistanis themselves. If they
were to agree to meet the very small cost of repatriating
of Pakistan currency f it would be possible for both
the banks and Government offices to accept Indian and
Pakistani rupees Indian silver coin also widely used in the Persian Gulf. without discrimination. The best
solution 9 however 9 is to Introduce a Gulf rupee of our
own. Weight discussed this proposal with the Shaikhs
of Bahrain and Kuwait and will be dealing with it in his
report.
3. Meanwhile 9 it will Interest you to know that
we have heard from the Pakistan Government that the
Pakistan State Bank proposes In the near future to send
an officer to Bahrain to enquire into the position of
Pakistani currency here.
4. 1 shall be sending further comments on
Grafftey-Smlth 9 * letter and its enclosure when I have
obtained the Information I require from the Agencies.
5. I am sending a copy of this letter to
Grafftey Smith.
OlZ

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Content

The file concerns currency arrangements in the Arab states of the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. that were under British influence.

The papers cover: allegations by the Government of Pakistan and in the Pakistani press of discrimination against Pakistan currency in Bahrain; exchange control policy; 'Report on Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. Tour of Treasury Representative [Leonard Waight]', dated June 1949, covering the use of the Indian rupee as the official currency of the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. sheikhdoms, the long-term implications of the increase in oil revenue in the region and the use of surplus funds (with particular reference to Kuwait and Bahrain), and the working of exchange control, with conclusions and recommendations (folios 28-41); the comments of 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. (Lieutenant-Colonel Sir William Rupert Hay) on Waight's report (folios 17-20); and a note of a visit to Bahrain by a representative of the State Bank of Pakistan in September 1949.

The file contains also correspondence from the Bank of England.

The file includes a divider, which gives a list of correspondence references contained in the file by year. This is placed at the back of the correspondence.

Extent and format
1 file (74 folios)
Arrangement

The papers are arranged in approximate chronological order from the rear to the front of the file. There are file notes on folios 2-11: these notes are in chronological order from the front to the rear of the file.

Physical characteristics

Foliation: the foliation sequence (used for referencing) commences at the first folio with 1 and terminates at the last folio with 74; 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 present in parallel; these numbers are printed, and are not circled. The foliation sequence does not include the front and back covers.

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English in Latin script
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Coll 30/224 'Currency Arrangements in the Arab Sheikhdoms of the Persian Gulf' [‎49r] (105/157), British Library: India Office Records and Private Papers, IOR/L/PS/12/3968B, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100076712172.0x00006a> [accessed 29 March 2024]

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