Persian Gulf currency

This file relates to currency in the Gulf. It contains correspondence concerning:

• Amendments to the Qatar-Dubai Currency Agreement in order to aid agreements with oil companies which provide for payment of oil royalties in a currency other than Qatar-Dubai riyals, approved by Iraq Petroleum Company and the British Bank of the Middle East
• Negotiations between India and the Rulers of Qatar, Abu Dhabi and Dubai regarding the redemption of repatriated rupees after devaluation; and differences between Abu Dhabi and Qatar, including a negative appraisal of Dr Hasan Kamel by Abu Dhabi's Sudanese Legal Advisor Saleh Farah
• India-Kuwait rupee redemption agreement
• Enquiry by Harris-Intertype Limited regarding rupee exchange rates
• Possibility of establishing a unified Gulf currency led by the Ruler of Abu Dhabi Sheikh Zayed Bin Sultan Al Nahyan; the Ruler of Qatar Sheikh Ahmad Bin Ali Al Thani's assertion that the headquarters should be based in Doha; and the question of whether Sheikh Isa Bin Salman Al Khalifa would associate Bahrain