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Govt asks traders to speed up pulses import from Myanmar using forex
17 Apr 2024 00:21 GMT
India and Myanmar have set up a new forex payment mechanism … that a rupee/kyat settlement mechanism had been … reduce costs associated with currency conversions and eliminate complexities … the need for multiple currency conversations,” an official said …
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Govt urges pulses importers from Myanmar to use Rupee-Kyat direct payment system
14 Apr 2024 01:24 GMT
… to utilise the Rupee-Kyat direct payment system using … costs associated with the currency conversions and eliminate … multiple currency conversions. The Central Bank of Myanmar on … mostly from Australia, Canada, Myanmar, Mozambique, Tanzania, Sudan and …
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Govt simplifies payment process for merchant importing pulses from Myanmar
13 Apr 2024 09:07 GMT
… import of pulses from Myanmar, including import costs following … reduce costs associated with currency conversions and eliminate complexities … the need for multiple currency conversations,” the ministry … utilise Rupee/ Kyat direct payment system using …
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Payment mechanism for traders importing pulses from Myanmar simplified: Govt
13 Apr 2024 07:39 GMT
… that the Rupee/Kyat Settlement Mechanism has been … The Central Bank of Myanmar released guidelines for payment … reduce costs associated with currency conversions and eliminate complexities … eliminating the need for multiple currency conversations,'' …
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Govt warns against forward trade in pulses, imports from Myanmar being stepped up
13 Apr 2024 07:19 GMT
… Myanmar. The Indian Mission apprised that the Rupee Kyat … The Central Bank of Myanmar released guidelines for payment … reduce costs associated with currency conversions and eliminate … the need for multiple currency conversations.
Dissemination about the …
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Middle class wiped out: Half of Myanmar’s people forced into poverty by civil war, UN report finds
12 Apr 2024 06:33 GMT
… livelihoods, businesses shutting down.”
Myanmar had made solid progress … against the people of Myanmar, and ground battles, … The value of Myanmar’s local currency, the kyat, has plummeted, … stakeholders — inside and outside Myanmar — to take action and …
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Myanmar troops surrender near Myawaddy, while civilians and soldiers flee to Thailand
10 Apr 2024 17:51 GMT
… The latest reports from Myanmar note that dozens of … shipping humanitarian aid to Myanmar, albeit deemed insufficient … approve the request from Myanmar on humanitarian grounds.”
… foreign currency has further depreciated Myanmar’s national currency, the kyat.
…
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India News | 2 Myanmar Nationals Among Four Held with Unaccounted Cash in Mizoram
07 Apr 2024 15:13 GMT
Aizawl, Apr 7 (PTI) Four people, including two Myanmarese nationals, were apprehended in south Mizoram's Siaha district with a huge amount of unaccounted cash, the Assam Rifles said on Sunday.
Acting on a tip-off, personnel of the Assam Rifles …
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CBM crackdown on gold, currency rate manipulation impacts forex market
06 Apr 2024 01:18 GMT
… in gold and currency market manipulation, the kyat-US dollar exchange … slowed down in the forex market.
Kyat depreciated at K3,890 … to developing the foreign currency exchange market and stopping … and the Central Bank of Myanmar Facebook page.
Moreover, the …
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Myanmar’s economy declines despite junta claims of progress
05 Apr 2024 09:11 GMT
… a Russian news agency that Myanmar’s economy was on an … value of the country’s currency plummeted in the days following … said that a decline in Myanmar’s economy had been in … control.
Earlier this year, the Myanmar kyat was valued at 3,370 …