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 three colts competitions. Club Championship trophies are also contested on overall results. The John I Dent Cup is the trophy for the first grade premiership competition, and the seven clubs currently competing for the premiership are: The John I Dent Cup, which was first played for in 1938, was a gift to the union by the pastoralist John I Dent. The competition finals are now held at Viking Park. 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