FOREX COUN­TERS AT PARO AIR­PORT MAKE USD 2MN

Business Bhutan - - Money -

The Royal Mon­e­tary Au­thor­ity (RMA) col­lected USD 1mn in a lit­tle more than a year (369 days) from the for­eign ex­change counter that it had set up at the Paro In­ter­na­tional Air­port.

The amount col­lected is in ad­di­tion to about USD 0.9mn that the Bank of Bhutan (BoB) re­port­edly col­lected from its for­eign ex­change counter in about seven months. The two forex coun­ters at the air­port al­to­gether earned close to USD 2mn.

The RMA held a mod­est cer­e­mony in­volv­ing air­port au­thor­i­ties and other dzongkhag of­fi­cial in Paro on Novem­ber 5 to ob­serve the USD 1mn mark. The RMA has also plans to es­tab­lish more such coun­ters in the fu­ture.

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