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BHUTANESE CURRENCY
Bhutan’s making tourism easier, counting on travellers to revive economyTo bolster its struggling economy, Bhutan is welcoming a new era of tourism. The country is attracting budget-conscious travelers by loweri...- Rising imports from China draining Bhutan’s forex reservesAccording the data provided by the Royal Monetary Authority of Bhutan in July 2022, foreign exchange reserves in the country shrunk to $970...
- Mountain echoesBut everything else is slightly dreamlike. Bhutan is one of the most ecofriendly countries on earth and merely opening one's mouth to breat...
- How digital cash can lift gross national happinessBig gains are expected from the monetary authority making its IOUs available to the public directly, as electronic cash that can be spent o...
- Pandemic pushed 'cost' of INR too high at Indo-Bhutan borderPegged with Indian Rupee(INR) at par, Bhutan Currency Ngultrum (Nu) always carries the same official value. Interestingly, though INR is an...
- PM Modi holds talks with Bhutanese counterpart as two countries sign 10 MoUsPrime Minister Modi also inspected a guard of honour during his ceremonial welcome at Tashichhodzong Palace, Bhutan.
- Bitcoin craze: Google gives bitcoin currency status & converterGoogle has added 'Bitcoin' in its menu of currencies- right between the Bhutanese ngultrum and the Bolivian boliviano. Others like Ethereum...
- Don't believe, forward WhatsApp msgs without verification: Rajnath SinghSingh said information and news, that was completely wrong or having no basis, was being regularly circulated on social media such as Whats...
- Note recall takes toll on Bhutan’s orange exportsIndian transporters are charging higher for sending oranges till Bangladesh border; exporters need Indian currency to pay labour.
- Demonetisation impact: Bhutanese currency Nu also a way to launder rupeeThere has been a sudden deluge of Indians businessmen from nearby trading hubs such as Siliguri, Coochbehar and Jalpaiguri to Jaigaon.
- Demonetisation impacts India’s border trade with BhutanIndian currency is used as legal tender in Nepal and Bhutan. Phuentsholing is the main land border entry point between India and Bhutan.
- Rs 'On Sale,' at Indo-Bhutan border areasWithout any official currency exchange facility, Indian traders in border areas usually get their Nu reserve exchanged to Rs through unoffi...
- Seven things that are unique about BhutanBhutan is non-commercial and un-spoilt. They practise Buddhism and love their king, who believes that while it's good to be 'Modernised', i...
- Budgetary provision is likely to benefit BhutanThe key reduction in customs duty in many items proposed in Indian Union Budget is expected to provide significant benefit to neighboring c...
- 2011 Himachal Pradesh currency haul: ED gives clean chit to KarmapaEnforcement Directorate has given a clean chit and dropped charges of forex violations against Tibetan religious leader Ogyen Trinley Dorje...
- Illegal currency conversion continues unabated at Indo-Bhutan borderCurrency conversion continues unabated as a major illegal business in Indo-Bhutan border areas while authorities are in dark about the impl...
- RBI to investigate circulation of foreign currenciesThe Reserve Bank will probe into the alleged circulation of Bhutanese and Nepali currencies in some parts of lower Assam and North Bengal.
- Bhutan currency gets back to its usual glory in Indo-Bhutan borderAs the traders indicated, against the rate of 20% couple of days back, now Indian currency is available at 5% to 8% exchange rate against N...
- Currency exchange continues to be a nightmare for Indian citizens in Indo-Bhutan border areasCurrency exchange trouble continues to be a nightmare for lakhs of Indian citizens in Indo-Bhutan border areas.
- Bhutan liberalizes FDI laws to attract Indian investorsBhutan is keen to attract Indian investors in areas like generation of hydel power, information and communication technology, hospitality, ...
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