#Rupee crunch: And now, Assam bans the #ngultrum

Guwahati, Friday, March 23, 2012
HomeMain Weather Backissues Epaper Dainik Asam Contact Us

Ban on use of Bhutan currency
RANGIYA, March 22 – After many reports were published on the rampant rise in the use of Bhutanese currency, ‘Ngultrum’ here and at other places, action has been initiated to impose a ban on the use of the foreign currency.

As per reports, the Royal Monetary Authority of Bhutan with the Reserve Bank of India has taken up the matter seriously, particularly the transaction of drafts, which has posed a threat to business. This has led to the initiative to ban Ngultrum use here.

The use of Bhutanese currency was in sharp rise among the businessmen here. The recent move has been welcomed by many, and most them opine that the civil administration should carry out sudden checks in this regard to check the foreign currency use menace on Indian soil.

Tagged , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: