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Reserve Bank of India – ten-rupee banknote, issued for use in the Persian Gulf (signed by HVR Iyengar)

AD 1959
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Reserve Bank of India - ten-rupee banknote, issued for use in the Persian Gulf (signed by HVR Iyengar) - Bombay, Dubai, Gold, Gulf, India, Odyssey of the Rupee, Oman, Qatar, Reserve Bank of India, Rupee

A rupee to stop smuggling. In 1959, the Reserve Bank of India launched a series of special notes to circulate only in the Gulf States. They were meant to stop the transfer of rupees to buy gold and smuggle it illegally into India. The rupee remained legal tender in the Arab kingdoms till 1972.

Title
Reserve Bank of India - ten-rupee banknote, issued for use in the Persian Gulf (signed by HVR Iyengar)
Period
AD 1959
Medium
Paper
Dimensions
8.1 cm x 14.5 cm
Accession No.
2025.N.181.156
Credit line
Reserve Bank of India - ten-rupee banknote, issued for use in the Persian Gulf (signed by HVR Iyengar, Inset A Serial No. Z5 149728), AD 1959 © Sarmaya Arts Foundation (2025.N.181.156)