English
عربي
The Qatar and Dubai Monetary Council was established based on an agreement signed by both Emirates on March 21, 1966 . The currency of the Gulf rupee continued to circulate from 1959 to 1966, which was issued at that time by the Central Bank of India in most of the Gulf emirates, and was pegged against the pound sterling at a price equivalent to 0.186621 grams of gold per rupee.