Myanmar banknotes are seen during an illegal exchange inside a house in Yangon (Reuters) -As Myanmar's economic slump deepens after February's military coup and parts of its financial system freeze up ...
BANGKOKBANGKOK — Foreign business groups in Myanmar have raised concerns about new rules requiring businesses and individuals to convert all foreign currency held in bank accounts into the local ...
BANGKOK (AP) — Myanmar’s military-led administration has agreed to accept Thai baht as an official currency in border trade dealings and plans a similar arrangement for use of India’s rupee, seeking ...
The armed forces of Myanmar, which have been in control of the government since forcibly detaining many elected leaders in 2021, is reportedly planning to release a digital currency to help the local ...
(Reuters) – Myanmar’s currency has lost more than 60% of its value since the beginning of September, driving up food and fuel prices in an economy that has tanked since a military coup eight months ...
Myanmar's currency has lost more than 60% of its value since the beginning of September in a collapse that has driven up food and fuel prices in an economy that has tanked since a military coup eight ...
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 ...
Every table and much of the floor at Co-Operative Bank in Myanmar's commercial capital is stacked with thick bricks of the local kyat currency. Money counting machines clatter. Workers carry sacks of ...
Oct 1 (Reuters) - As Myanmar's economic slump deepens after February's military coup and parts of its financial system freeze up, many in the strife-torn country are turning to online groups to bypass ...