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Police freeze bank account of Bhutanese living in Bangkok after two duped in financial fraud
04 Apr 2024 15:11 GMT
… duping two Bhutanese seeking foreign currencies in exchange for ngultrum.
… It so happened that a Bhutanese man … Australia planned to exchange Bhutanese currency into Australian dollars … of over nine million ngultrum.
The police said the …
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Bhutan-Bangladesh Relations: Shared Aspirations and Enduring Bonds
01 Apr 2024 11:14 GMT
… I wish to donate Ngultrum 5 lakhs on behalf … bond of friendship between Bhutan and Bangladesh, transcending geographical … engagement and cooperation between Bhutan and Bangladesh. The … passed, the relationship between Bhutan and Bangladesh blossomed, …
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DGPC seeks partnership with Bhutanese living abroad
11 Mar 2024 10:59 GMT
… currently exploring partnership with Bhutanese living abroad through issuance … running into billions of Ngultrums while planning for … help grow capabilities of Bhutanese contractors,” the official said … , the aspirations for Bhutan’s socio-economic development …
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Depreciating Ngultrum costly on the economy
15 Feb 2024 12:38 GMT
… has increased substantially
When the Ngultrum (Nu) depreciates against the … by the Royal Government of Bhutan (RGoB), but also … potentially boosting exports. However, Bhutan’s trade situation is unique … and rising inflation among Bhutan’s trading partners.
In …
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Bhutan and the ‘Twin Deficit’ syndrome
14 Feb 2024 10:21 GMT
… and social programs. Additionally, Bhutan’s trade imbalance, with … prices and a weaker Ngultrum pegged to the Indian … of Royal Securities Exchange of Bhutan Limited (RSEBL), Dorji Phuntsho … should support sectors where Bhutanese lack expertise but have …
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Global trends instigate inflation in Bhutan
08 Feb 2024 05:35 GMT
… and food prices in Bhutan concurrently with global scenarios. … of monetary policy. Since Bhutanese Ngultrum is pegged one-to-one … integrated with Indian economy, Bhutan’s prices broadly follow … safeguard price stability in Bhutan and cushion the inflation …
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Bhutan’s Inflation Rate hits four-year low at 4.23% in 2023
03 Feb 2024 14:37 GMT
At 4.23 per cent, the country’s inflation rate for last year is the lowest in the past four years. The inflation rate measures how much the prices of goods and services go up over time. The actual inflation figure is also over two percentage points lower …
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Bhutan’s Long Journey Into the World Trade Organization
25 Jan 2024 14:27 GMT
… government has earmarked 100 million Ngultrum (around $1.2 million) … and flexibilities. Of course, Bhutan would lose these perks regardless … .
Whatever the calculations behind Bhutan’s WTO bid, the … .
Whatever the calculations behind Bhutan’s WTO bid, the …
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Bhutan’s growth in the current FY expected to slowdown: WB
24 Jan 2024 13:03 GMT
… country’s GDP.
The Bhutanese economy in general indicates an … year. Inflation rate in Bhutan averaged 5.28% from 2001 … .
Similarly, the rate of Ngultrum (BTN) against the US … economies, including countries like Bangladesh, Bhutan, India, Maldives, and Pakistan …
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Bhutan ‘open for business’ as voters choose former PM Tobgay to rebuild economy
21 Jan 2024 16:03 GMT
… of a 15 billion ngultrum (US$181 million) economic … in Samdrup Jonkhar, Bhutan, April 22, 2013. Bhutan ended more than a …
“The new outposts in Bhutan’s remote Jakarlung Valley, part … they added.
Kewalramani said Bhutan-China’s three-step roadmap …