Myanmar orders companies, banks to suspend foreign loan repayments: Reports

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Myanmar's central bank has ordered local companies and banks to suspend and reschedule repayment of foreign loans, according to local media, its latest effort to exert control over foreign currency flows. The central bank issued the order on Jul 13, according to Myanmar Now, a news agency. Reuters co

Myanmar's central bank has ordered local companies and banks to suspend and reschedule repayment of foreign loans, according to local media, its latest effort to exert control over foreign currency flows.

"According to foreign currency law and foreign currency management rules, the repayment of foreign loans including original and interest values should be suspended and licensed banks should rearrange with their customers … regarding repayment schedule," the central bank statement said.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 6. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Myanmar orders companies, banks to suspend foreign loan repayments - mediaMyanmar's central bank has ordered local companies and banks to suspend and reschedule repayment of foreign loans, according to local media, its latest effort to exert control over foreign currency flows. The central bank issued the order on July 13, according to Myanmar Now, a news agency. Reuters could Another country that’s a carbuncle on the arse of the world, run by llttle dick army generals with medals from battles never fought, unless against their own. Where I'm from that's called a default
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »