Chapter 1164

Myanmar.

Save time.

A province north of Burma.

There is a long border with India. Therefore, there has always been a "dispute" between India and India. It is not a military dispute, but a small friction on the land. India often moves the boundary markers several hundred meters to this side.

Grow vegetables.

Cut wood.

Pick up firewood or something.

Sometimes people come to build houses or hunt, which is difficult to manage. There are a lot of daily exchanges between the two sides, but not to the point of killing each other. Moreover, trade is very frequent.

Langyu county.

Myanmar county at the border.

Here.

It is the largest trading border county with India in shigeh province.

The population is nearly 150000.

A large number of businessmen from the two countries trade here every day. In the past, India's industry was much more developed than Myanmar's. They all sent industrial products here in exchange for Myanmar's agricultural products.

Now.

It turned the other way.

It seems that the degree of industrialization of any special economic zone in Myanmar is stronger than that of India. As a result, the trade situation here has fundamentally changed, and India's "developed industrial products" have no market.

This made many Indian businessmen a little unacceptable for a while.

You used to be so poor.

How can you be richer than me? However, resentment can not solve the problem. After investigation, local businessmen found that they were unable to return to heaven. They changed their profession from export trade to import trade.

I used to sell medicine.

Later, it was not allowed to sell.

The biggest headache for Indian businessmen.

Myanmar reorganized its catalogue of imported products.

The border management and market access system were strengthened, and the entry of substandard products manufactured by backward industrial equipment in India was restricted, especially in food, medicine and various chemical products.

Control is particularly strict.

Want to enter the Myanmar market.

It must be tested by Myanmar and meet various environmental protection and technical standards of Myanmar. For example, plastic products must be the additives of Myanmar Environmental Protection Technology Co., Ltd., which can prevent harmful substances from penetrating into the food.

Otherwise.

They are all unqualified products.

No listing.

All in all.

After zero goes up.

Everything is different.

Life is hard for Indian businessmen.

All the customs here have changed people, and the right to test the products is in nebudo. The small county is not qualified to give them the certificate of conformity. Even if they know it, they can't get to the capital of Myanmar.

Toss to the end.

They can't help it.

I had to switch to another business.

Due to the frequent trade between the two sides and the fact that there are a lot of Myanmar dollars in India, the county sent someone to inform them early this morning to exchange Myanmar dollars for Asian dollars before the end of the year.

Otherwise.

Exchange may not be available next year.

I heard the news.

Many Indian businessmen came to the county with kyat.

Most of the money in their hands has been changed into Asian dollars or rupees, but they still have some Myanmar dollars in their hands, because when the goods imported from Myanmar are sold in India, they often receive Myanmar dollars.

At the long junction.

The kyat is circulating in a small area of the border.

In the county.

Nine in the morning.

Bank of Myanmar branch.

There was a long line at the door.

"Don't crowd. We have plenty of Asian dollars and rupees. Everyone can change them." Security team members with horns roaring, the sun is already very high, but the enthusiasm of the queue is higher.

In the bank.

The cash counter at the cash register swipes the cash.

After counting a stack of old and new cash, a cashier took out more than 20 pieces of large denomination Kyats from the counting machine and said to him, "sorry, I have confiscated the money."

"Why?" The Indian is in a bit of a hurry. It's a lot of money.

"It's counterfeit."

The bank clerk told him straight away.

"I, it's impossible. Are you wrong?"

The Indian didn't give up.

"I've seen every one carefully. It's really counterfeit money. If you have any objection, we'll have someone explain to you where the counterfeit money is in the room next to you. But I'm sorry, the counterfeit money has to be confiscated." Said the bank clerk.

He was not reconciled.

He was taken to one side of the room.

In five minutes.

Every one.

They were all pointed out to be fake.

He was speechless and wanted to take it back, but he was rejected. When he arrived at the bank, he had to confiscate the counterfeit money. Looking at the security around him, he gave up the idea of taking it back.Take the rupee in your hand.

He can only admit bad luck. Counterfeit money is not a big deal in India. There are a lot of counterfeit money in India. At least one fifth of the cash in circulation is counterfeit money.

In daily life.

I'm used to it.

A lot of times.

We all know it's counterfeit money.

It's just that they still use it the same way, and the merchants collect it the same way. It seems that they default to it. Anyway, they can spend it. It doesn't matter. Therefore, even if it's a counterfeit kyat, they often receive it.

I didn't think so before.

Now it seems.

Be careful next time. Otherwise, the money you have earned may be wasted. Now, Myanmar is going to abolish the kyat. In the future, the kyat will gradually die out here.

It seems.

In the future, we can no longer arbitrarily collect kyat.

Next.

Almost everyone who came to this branch for exchange was found to have some counterfeit banknotes in their hands, without exception. Because there are too many counterfeit banknotes, banks in India do not accept the exchange of kyat and rupee.

Otherwise.

The identification is not good.

Change it back.

If you go to the bank in Myanmar to exchange it, if there are too many counterfeit coins, the loss will have to be borne by your own bank. They will not do this kind of business which will obviously lose money.

No way.

No matter businessmen or ordinary people, they can only come to exchange, or entrust someone to exchange. Even in less than half a day, a business of replacing rupees was born, running errands for people and earning some hard money.

。。。

Just one day.

The border branch received counterfeit kyat banknotes with a face value of more than 8 million Asian dollars, accounting for one third of today's recovery of kyat banknotes. Seeing this figure, Tang Qing was a little speechless.

That's true.

It's very Indian.

In this respect.

It's really number one in the world.

According to a survey, counterfeit banknotes account for nearly a quarter of the total cash flow in India. That is to say, theoretically, one quarter of the money in everyone's hands in India is counterfeit banknotes.

It's quite distinctive. Due to the poor anti-counterfeiting technology of the former kyat, some illegal factories in India, which are good at copying, have been brought out. It seems that there are still many.

Even in the Myanmar dollar, which is now exchanged.

Tang Qing estimates that there are still some counterfeit notes. The only ones that can be picked out are really obvious counterfeit notes. However, Tang Qing doesn't care, just a little counterfeit notes... It's like he didn't use it.

When the soldiers were working in India, they basically used their own printed rupees. The technology was more real than real banknotes. Tang Qing was also very restrained. Without printing too much, it was worth about a billion Asian dollars.

Most of them are still lying in a big iron box in the training area.

The new rupee.

So.

We're even.