The Royal Monetary Authority (RMA), which to date was providing only exchange of INR, launched three new services in Phuentsholing regional office yesterday.

Now, Bhutanese living in Phuentsholing and other southern belts, especially, Chukha could exchange fresh Ngultrum notes. Residents can exchange a limited quantity of fresh notes of all denominations from the RMA exchange counter. RMA officials said the exchange limit would be processed depending on the convenience and availability of fresh notes.

The other service that the counter would facilitate is the exchange of mutilated, soiled, and burnt Ngultrum notes.

RMA governor Dasho Penjore said Bhutanese community and neighbours across the border are holding such unusable Bhutanese Ngultrum notes.

“These notes can be exchanged,” he said. “It is RMA’s responsibility to collect it and refund.”

The refund, however, will be done as per the refund rule.

RMA counter will also facilitate sale of gold and silver commemorative coins and notes.

“We will keep the latest minted coins such as His Majesty the Fourth King’s 60th Birth Anniversary coins,” he said.

Gold and silver commemorative coins of the Royal Wedding and Coronation will also be sold at the counter.

“We have many coins depending on the commemoration we have had in the past,” Dasho Penjore said.

Through the services of Bhutan Post and RMA counters, interested Indian tourists from across the border could also buy the pure gold and silver commemorative coins that are significant to Bhutan, RMA governor said.

Rajesh Rai |  Phuentsholing