Study of the impact of Britain's economic and financial crises on currency and monetary policy-making in India between the wars, analysing colonial policies during Anglo-US efforts to reconstruct the international financial system and Britain's struggle to restore the pre-eminence of sterling and the City.

This is a study of the impact of Britain's economic and financial cities on currency and monetary policy-making in India between the wars. Drawing on a range of archival sources, it analyzes colonial policies against the background of Anglo-American efforts to reconstruct the interwar international financial system, and Britain's struggle to restore sterling and the City of London to their former pre-eminence. Bridging the gulf separating the financial history of interwar Europe from that of India, Britain's financial relations with the empire and those with the wider world, and finally between finance and politics in the last decades of the empire, this book should be of interest to international economic and financial historians, and for historians of India and the British Empire.