Kyat

Myanmar’s currency, the kyat, is continuing its rapid devaluation and has reached a record low against the US dollar and other major currencies in...

The economy of Myanmar has fallen in turmoil so drastically since the military coup on February 1, 2021 that the World Bank said it...

The military government in Myanmar in an attempt to get more control over foreign currency flows has ordered all holders of foreign currency in...

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...

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's currency, the kyat, became Asia’s best performing currency in US dollar terms so far this year....

Mandalay street market © Arno Maierbrugger The International Monetary Fund (IMF) expressed concern about the Myanmar economy...

Myanmar`s Ministry of Commerce is in the process of officially removing a regulation that prevented traders to export gold for more than five decades,...

Myanmar, until recently perceived as the new tiger cub success story of Southeast Asia after the country's "soft opening" in 2011 under then-president Thein...

Myanmar's central bank has increasing difficulties to prevent the depreciation of the country's currency, the kyat, which has reached new record lows these days. The...

Myanmar is drafting its second five-year plan (2016-17 to 2020-2021) aiming to boost economic growth by encouraging investment in the public and private sectors...

The Bank of Thailand is currently negotiating with Malaysia's central banking authorities on a direct exchange of both countries' currencies - the baht and...

The vice-president of the Central Bank of Myanmar, Daw Khin Saw Oo, told the country's  parliament on November 13 that the bank was planning...

This past week, Myanmar’s unofficial currency market began trading the US dollar for over 1,000 kyat, the first time the currency broke that mark...

Myanmar's currency, the kyat , has been hitting consecutive record lows over the past weeks, raising concerns about the stability of the country's fiscal...

To prepare for large foreign direct investment inflows, Myanmar plans to implement an independent monetary policy in the first half of next year. Cash...