Tag Archives: Rupee

Understanding the Rupee Report

The Rupee Shortage Task force report submitted on 5th March 2012 is overall a comprehensive report that gives dire warnings if measures both short term and long term are not taken to curb the crisis. The strength of the report is indisputable facts and figures that show that the Bhutanese …

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Trying Times

The critical shortage and rationing of the Indian rupees is making newspaper   headlines and engaging people in serious debate. The good point is that both the government and people have woken up for the first time to this looming crisis. The bad point is that there is no immediate and …

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Fronting Report vanishes along with Rupee

With the Bhutanese economy being hit by a severe rupee crunch, people say one of the causes is fronting of businesses, especially in the manufacturing sector. But the government officials The Bhutanese talked to feel fronting could not be a cause of rupee crisis as much as it is believed …

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Banks stop rupee transfer to india

The Royal Monetary Authority (RMA) has imposed a temporary sanction on the commercial banks in making Rupee denominated transactions. This is in light of the Bhutanese economy grappling with Rupee crisis. The governor of the central bank, Daw Tenzin, said: “Bhutan is selling less and importing more. It is important …

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