what was special with the surat hundis ? very short
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Explanation:
Surat was the gateway for trade with West Asia via the Gulf or Ormuz. .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.
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Answer:
Surat was the gateway for trade with West Asia via the Gulf or Ormuz. ... 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.
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