CBM governor receives delegation led by Indian ambassador

Central Bank of Myanmar Governor Daw Than Than Swe received an Indian delegation led by Indian Ambassador to Myanmar Mr Vinay Kumar in Nay Pyi Taw yesterday.
During the meeting, matters related to direct payment in Indian Rupees/Myanmar Kyats in bilateral trade were discussed. The discussion focused on allowing the Indian Rupees obtained by any means to be opened in the accounts of Myanmar banks to be opened at the Punjab National Bank. Among the points in the mutual agreement (concept notes) are the continuation of certain issues and the acceptance and inclusion of remittances from foreign workers in India in a specially opened account.
They also discussed the points of agreement between Myanmar and India to support and provide technical assistance in anti-money laundering issues. — MNA/KZW

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