CBO ISSUES NEW BOOK ON THE HISTORY OF MODERN CURRENCY

MUSCAT: The Central Bank of Oman (CBO) has issued a new book on the history of modern currency in the sultanate, which sets forth a complete vision about the modern history of the Omani currency.

The book’s chapters were completely consistent in handling the subject and objective in introducing and putting forth its ideas. It provides useful and comprehensive information about the modern currency issued during the prosperous era of His Majesty Sultan Qaboos bin Said.

The book starts with detailed preamble on the earlier currency releases since the 20th century, which is the period that witnessed the circulation of the Maria Theresa Dollar and the Indian currencies, including the copper baiza since the reign of Sultan Faisal bin Turki, ending by the early Omani issues of currencies and banknotes and the developments of the releases issued during the Renaissance period. The book portrays through its content, the processes of the Central Bank of Oman’s issues of banknotes, including circulated coins, commemorative coins, as well as medals from 1970 to 2011.

The book embodies in its eight chapters, the approach and strategy of the Central Bank of Oman in documenting the Omani currency and provides valuable scientific material and information for scholars, researchers, specialists and all those concerned with studying the Omani currency.

The book is available for sale at the Central Bank of Oman head office at RO15.

SOURCE: Muscat Daily