Central Bank of Myanmar Act of Union Bank of Burma 1947" and took over the functions of the Rangoon branches of the Reserve Bank of India. The Union Bank of Burma was opened at the corner of Merchant Road and Sule Pagoda Road and had a sole right of currency issue. CBM has liberalised the financial organisations for competition, efficiency and integration into the regional financial system. As of the end of December 2007, there are 15 domestic private banks and 13 representative offices of foreign banks and three representative offices of foreign insurance companies in Myanmar. According to the changes in the economic
Rugby union in the Australian Capital Territory Rugby union in the Australian Capital Territory Rugby union is a popular sport in the Australian Capital Territory. Rugby football began to be played in the regions around what is now Canberra more than a century ago. Rugby union was played in and around what is now the Australian Capital Territory well before it separated from New South Wales in 1911. The Goulburn Rugby Union Club was formed in 1872, and became a founding member of the Southern Rugby Union in 1874. Cooma played Snowy River as early as 1876, and Queanbeyan played Yass in 1878. The first match of