What was the significance of surat hundis?
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A Hundi is a financial instrument that developed in Medieval India for use in trade and credit transactions. Hundisare used as a form of remittance instrument to transfer money from place to place, as a form of credit instrument or IOU to borrow money and as a bill of exchange in trade transactions.
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Answer:surat hundis were honoured in the far off markets of cario in egypt
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