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Coll 30/224 'Currency Arrangements in the Arab Sheikhdoms of the Persian Gulf.' [‎17r] (40/620)

The record is made up of 1 file, in 2 parts (302 folios). It was created in 4 Mar 1947-29 Sep 1948. 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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Ia/\>
ECONOMIC SUPPLEMENT
General
X X X X X X
Orders are awaited regarding the policy to be
followed with regard to currency. The Indian Rupee is
the currency ordinarily used in the Gulf territories
except among the Muscat tribes, who use the Maria Theresa
Dollar. The Pakistan Governnent have now introduced
their own currency and announced that the ordinary Indian
currency will no longer be legal tender in Pakistan after
September next. The Sultan of Muscat is anxious to
declare the Indian Rupee as the only currency (other than
the Maria Theresa Dollar) acceptable for State purposes,
but is awaiting advice on the subject.
X X X X X X

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Content

The file concerns currency issues affecting the Arab states of the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. , following the transfer of administrative responsibility from the Government of India to the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. 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. in 1947. Under the new arrangements, responsibility for exchange control was vested in 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. .

The papers include: memoranda by 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. officials on the desirability of the continued use of the Indian rupee in the region (folio 297); the issue of which Gulf states were included in the Sterling Area; exchange control; policy on imports to the region; trade; the currency of Muscat and Oman, including the use there of Maria Theresa dollars; Kuwait as 'the centre of the whole Middle East for smuggling and illicit transactions in foreign currencies' (folio 120); and traffic in gold through Kuwait.

In addition to 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. (later Commonwealth Relations Office) correspondence and memoranda, the papers include correspondence from 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. , the Bank of England, and HM Treasury.

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, in 2 parts (302 folios)
Arrangement

The papers are arranged in approximate chronological order from the rear to the front of the file.

Physical characteristics

Foliation: this file consists of two physical volumes. The foliation sequence (used for referencing) commences at the first folio of volume one (ff 1-153) and terminates at the last folio of volume two (ff 154-302); 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 of the volumes.

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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.' [‎17r] (40/620), British Library: India Office Records and Private Papers, IOR/L/PS/12/3968A, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100081513438.0x000029> [accessed 29 March 2024]

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