Central Banking

ACU to discuss payment systems efficiency

Members of the Asian Clearing Union (ACU) will meet in Dhaka this week to discuss ways to make their payment systems easier to use to boost trade, a Bangladesh central bank official told Reuters.

The ACU is an arrangement between Bangladesh, Bhutan, India, Iran, Myanmar, Nepal, Pakistan and Sri Lanka to settle payments for intra-regional transactions among the participating central banks.

"The two-day ACU technical committee meeting beginning on Tuesday (18 July) will focus on finding means to

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