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Myanmar and the Reserve Bank of India are establishing interoperability between payment systems and discussing a bilateral currency swap arrangement.

1 report, 1 independent Updated Jun 25
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Myanmar and the Reserve Bank of India are establishing interoperability between payment systems and discussing a bilateral currency swap arrangement.

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  1. Two-thirds of bilateral transactions involving Myanmar are now conducted in rubles.Sub-event
  2. India and Myanmar agree to financial cooperation via payment interoperability and currency swap.1 source

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