Now Euro Accepted By Member Countries Of The Asian Clearing Union

Central bank chiefs of the Asian Clearing Union (ACU) have agreed to introduce the Euro alongside the U.S. dollar for settlement of payments among the member countries beginning January, 2009.

The decision was made at the 37th ACU board of directors meeting held in Nay Pyi Taw, administrative capital of Myanmar, on June 17-18, officials said in Dhaka on Sunday.

'The ACU board has agreed in principle to allow Euro as an alternative currency alongside the U.S. dollar from January, 2009 aiming to make the payment system easier,' Bangladesh Bank (BB), the country's central bank, Governor Salehuddin Ahmed told AHN along with a group of reporters in the capital, Dhaka on the day after returning from Myanmar.

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