The Bankers of Surat and the Letters of Credit
In the 1600s a Gujarati merchant could write a note in Surat and have it honoured in Mocha, Basra or Malacca. Said explains the hundi system and the families who ran it.

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In the 1600s a Gujarati merchant could write a note in Surat and have it honoured in Mocha, Basra or Malacca. Said explains the hundi system and the families who ran it.
In 1331 Ibn Battuta called Kilwa one of the most beautiful cities in the world. Said walks its coral ruins and explains how gold from Zimbabwe made a small island fabulously rich.
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