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Coll 30/224 'Currency Arrangements in the Arab Sheikhdoms of the Persian Gulf.' [‎24r] (54/620)

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. .

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K • ‘ /
*OL
relevant form to the Indian Control for forwardihg to thef
5*
i
6.
7.
Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. as under.
Arrangements will be jiade for oopiasL of aU relative
/(TV^
forms approved in india^or in the U.K. (or schedules giving full
details of the forms) to be sent to the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. in order that
as far as possible checks may be applied locally -
(a) To ensure that exchange has been granted only in accordance
with your recommendation, and
(b) With a view to verification of import where exchange has
been obtained for the import of goods.
I shall be grateful If you will arrange for such
forms and schedules to be received and checked as far as
practicable against the relative Recommendation Certificates and
if you will have applied at your discretion such checks as are
practicable where exchange has been obtained for the import of
goods In order to verify that import actually takes place.
I shall be grateful if you will advise me, for the
information of the U.K#Control, and If you will also advise the
Reserve Bank of India Alirect, of the addresses to which the forms
and/or schedules relating to the various Territories should be
sent.
Included in the duplicate forms and/or schedules
which will be sent to you from the U»K« and India will be
particulars of applications made by U«K* and Indian merchants who
will, of course, hove sold the goods for sterling or rupees Indian silver coin also widely used in the Persian Gulf. to
residents In the Gulf Territories at prices that Include the
intermediary merchants legitimate trade profit. It is of the
greatest importance that neither the prices paid by such
intermediary merchants to the original suppliers nor the names
of the suppliers should be revealed to the ultimate buyers in
your territory since this is confidential Information obtained
in the U.JC* under exchange control powers which, if disclosed to
the ultimate buyers in your territory, would enable them for

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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.

Written in
English in Latin script
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Coll 30/224 'Currency Arrangements in the Arab Sheikhdoms of the Persian Gulf.' [‎24r] (54/620), British Library: India Office Records and Private Papers, IOR/L/PS/12/3968A, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100081513438.0x000037> [accessed 24 April 2024]

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