The Money and Banking History of the United Arab Emirates

The Money and Banking History of the United Arab Emirates

Paperback (20 Jun 2021)

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Publisher's Synopsis

The evolution of modern currency in the UAE reflects its economic growth from the underdeveloped years prior to the formation of the new state into a powerful global financial hub. These developments saw the abandonment of the Gulf rupee as the official currency and the adoption of the Qatar & Dubai Currency Board riyal in most emirates. As the Trucial States evolved into the United Arab Emirates they created a currency board prior to the formation of a central bank. This book details the process and problems resolved on the way. The text draws heavily on statistical analysis for the time period drawn from UK archives.

Book information

ISBN: 9781919626406
Publisher: Lulu Press
Imprint: Middle East Money and Banking Press
Pub date:
Language: English
Number of pages: 136
Weight: 345g
Height: 297mm
Width: 210mm
Spine width: 7mm