The digital currency would operate outside Swift but still have access to American banks.

The military’s post-coup energy policy partnerships with China, Russia, and Thailand have done little to ease the hardship of ...

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 ...

(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 ...

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 ...

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 ...

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 ...

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 ...

For the best experience, please enable JavaScript in your browser settings. A man shows currency notes imprinted with portrait of Gen. Aung San, late father of ...