Published: Oct 05, 2021
YANGON- Rapid depreciation of the kyat huge caused significant price hikes, shuttered many local businesses, and has led to shortages. Price of essential foods, medicines, and fuel have increased substantially over the past few weeks.
Published: Feb 11, 2016
MYANMAR’S foreign-exchange market has become a victim of global volatility as the kyat surges against the US dollar, which recently weakened against other currencies. Exacerbating the situation is the influence of local speculation, driven mainly by eup