Aden (Classic Reprint)

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Excerpt from AdenInterest rates in Aden are governed by those of the Bank of Bom bay, and are usually 2 per cent higher. The average rate during the year was 8 per cent on secured loans. Buying and selling rates are also governed by Bombay quotations. Exchange rates throughout the year were fairly steady.The local banks provided at reasonable charges all necessary facili ties for the financing of exports and imports. Advances against produce about to be shipped were furnished without difficulty and in general the negotiation of regular export bills was easily arranged, but this does not promise to be the case throughout the current year.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.