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Coll 30/224 'Currency Arrangements in the Arab Sheikhdoms of the Persian Gulf.' [‎110v] (227/620)

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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It woulA assist the Bank in thair afforts to
oTareoaa the difficulties that arc being experienced by your
branches in affecting exchange transactions on behalf of
residents in the Sheikdoms if you would furnish the Bank with
full details of the procedure which Is at present belnr> followed
by your branches in that area in dealing with applications for
exchange received by them* In particular It would be of
assistance to know -
(a) whether exchange control application forms are completed
in the Sheikdoms by your branches as well as la the
or India by yourselves or your correspondents in India
as the case may be;
(b) through what channels instructions to make payments outside
the Scheduled Territories are normally given by your
branches in the sheikdoms;
(o) how cover in sterling or other currencies for such payments
la normally obtained;
(d) on what conditions rupees Indian silver coin also widely used in the Persian Gulf. held on behalf of your branches
are converted into sterling by the Indian Control*
A letter somewhat similar to this is being sent to the
Eastern Bank# London* and copies of both letters are being sent
to the Indian Control for information and also to ths
Commonwealth Relations Office with the request that copies should
h<s sent to 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. of the Persian Ckilf for
information.
I regret that it was not possible to reply earlier to
your letter.
Tours faithfully,
('Sri?™,*) £. CRAWSIUW
Bank of Kngland
foreign Sarahan^e Control

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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.' [‎110v] (227/620), British Library: India Office Records and Private Papers, IOR/L/PS/12/3968A, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100081513439.0x00001c> [accessed 1 May 2024]

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