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Message : Required fields BANGKOK (Reuters) - Myanmar is limiting the number of foreign staff allowed to work in domestic banks, a move that industry sources warn could further impede financial development in a country that had seen a boom in foreign investment before the military coup. A letter dated Aug. 2 and posted on the central bank s website said major banks can now employ no more than 25 foreign staff, 15 at a medium-sized bank and eight at small lenders. In addition, a bank must obtain authorisation 30 days before hiring a foreign national and some senior posts must be held by local citizens, it said.

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