YANGON, July 16 (Reuters) - Myanmar's central bank has started a slow depreciation of its kyat currency in an effort to stabilize fluctuations by bringing the official exchange rate closer in line ...
Myanmar's central bank cuts the kyat conversion share on export earnings to 15% from 25%, effective Jan 1, 2026, easing pressure on exporters.
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YANGON, March 10 (Xinhua) - - The exchange rate of U.S. dollar has been on the decline against Myanmar kyat in the local currency market, dropping by about 80 kyats (about 6 U.S. cents) in single week ...
YANGON—Myanmar’s central bank has canceled foreign-exchange licenses issued to thousands of businesses including hotels, restaurants and supermarkets in a bid to curb the growing use of U.S. dollars ...
YANGON—Myanmar's government set a reference rate of 818 Myanmar kyat per dollar in the first business day of a new currency regime designed to end years of confusing multiple exchange rates. The price ...
Reem Heakal is a writer who became an Investopedia contributor in 2003. Her writing covers a wide array of large-scale financial topics. Erika Rasure is globally-recognized as a leading consumer ...