Persian Gulf currency

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

• Negotiations between India and the Rulers of Qatar, Abu Dhabi and Dubai regarding the redemption of repatriated rupees after devaluation
• Amendments to the Qatar-Dubai Currency Agreement, 1966
• Effect of devaluation on HMG assistance abroad, including its contribution to the Trucial States Development Fund
• Effect of devaluations on the Dubai market
• Concern in Qatar at the actions of certain British firms in increasing prices consequent upon devaluation
• New exchange rates
• Effect of devaluation on British exports to the Gulf; and British commercial prospects after HMG's announcement on 16 January 1968 that it plans to withdraw British troops from the Gulf by 1971
• The 'Qatar and Dubai Currency Board Annual Report for the year ended 31 December 1967'
• Import of Maria Theresa dollars into the UK