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Tags Posts tagged with "Currency devaluation"

Currency devaluation

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The military government in Myanmar on September 30 said it was taking “full responsibility” for the country’s massive economic problems but at the same...

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Myanmar’s currency, the kyat, has fallen to a new all-time low against the US dollar this September amid growing concerns about the stability of...
Myanmar kyat drops further after election

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Hopes that the Myanmar elections would prompt the country's currency to stabilise haven proven false. Although the kyat gradually strengthened for several weeks ahead...
Ringgit in further heavy sell-off amid 1MDB probe

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The sell-off in the Malaysian ringgit, already among the world's worst performing currencies this year, reached new intensities on September 25 as the currency...
Indonesia struggles to take the brakes off slowing economy

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Indonesia’s President Joko Widodo believes that now is “the best time to invest” in the country despite its current economic problems. During his first...