FILE - A man shows currency notes imprinted with portrait of Gen. Aung San, late father of Myanmar leader Aung San Suu Kyi, outside Myanmar Economic Bank on Jan. 7, 2020, in Yangon, Myanmar. Myanmar’s ...
FILE - A man shows currency notes imprinted with portrait of Gen. Aung San, late father of Myanmar leader Aung San Suu Kyi, outside Myanmar Economic Bank on Jan. 7, 2020, in Yangon, Myanmar. Myanmars ...
(Reuters) - Myanmar's economy is expected to shrink by 1% in the current fiscal year, the World Bank said on Wednesday, sharply downgrading its economic forecast as severe floods compounded the ...
It could also build confidence in a banking system tainted by money-laundering allegations and cut off from the global financial system. Anticipating the changes, Myanmar's banks have quietly begun an ...
Early efforts by Myanmar’s opposition National Unity Government (NUG) to issue a U.S. dollar-backed cryptocurrency have failed. They should try again, and harder: economic independence would further ...
Myanmar aims to stabilize its currency to control price pressures, the central bank said, as the kyat weakens in the black market. “The Central Bank of Myanmar is monitoring the foreign-exchange rate ...
BANGKOK (AP) — Myanmar’s central bank has promised improvements and warned against currency manipulation after an international watchdog put the military-controlled country on a terrorism and ...
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