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Business Community Counters Gov’t Reasons for Kyat Depreciation

5.9k

Money

By Htet Naing Zaw

The government has blamed ‘hollow transactions’, re-exports and a lack of control over the informal market for the depreciation of the kyat—but the business community disagre

Central Bank Drops Exchange Rate Limits

8.8k

Business

By Nan Lwin

Private banks and exchange counters no longer have to trade within the official band in a move meant to help prevent price manipulation and settle recent fluctuations.

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