Bhutan governor gives banking sector assurances


Royal Monetary Authority of Bhutan governor Daw Tenzin has said all the country's financial institutions are in "a comfortable position to meet their obligations", despite the country's ongoing liquidity crisis, in the central bank's 2011–12 annual report.

In the report, released on January 7, Tenzin warned domestic currency liquidity is tight and will remain so in the medium term, but said an assessment has found banking liquidity to be adequate to meet all existing commitments.

In the wider

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