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NRB governor elected to ACU president

The governor of the Nepal Rastra Bank (NRB), Bijaya Nath Bhattarai was elected president of the Asian Clearing Union (ACU) at its 34th annual meeting in Lahore this week.

The governor of the Central Bank of Bangladesh, Fakaruddin Ahamad, was also elected the vice-president for the coming year.

At the meeting, the union reviewed financial transactions carried out during the past year and also held extensive discussions on various economic activities amongst the member countries.

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