History, asked by kevincarloss7b, 1 day ago

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Answered by aniketaryan960
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The 'hundis' (the financial instrument developed in the medieval times for use in trade and credit transactions) of Surat were honored in markets of Cairo in Egypt, Basra in Iraq, and Antwerp in Belgium. The specialty of Surat Hundi was it was even honored in far-off countries and their markets.

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