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    • Myanma Kyat (MMK)

Myanma Kyat (MMK) Newsletter
  • More Myanmar youth choose work in Japan as homeland endures military rule 01 Oct 2023 01:32 GMT

    … youth study Japanese in Yangon, Myanmar, on Sept. 12, 2023 … of acquiring precious foreign currency. Pursuing the dream of … through the Asian Unity Myanmar organization. Around 300 people … kyat (approx. $140) entrance fees and the hefty cost of the Myanmar

  • Zoned out: China-Myanmar Economic Corridor still going nowhere 30 Sep 2023 15:31 GMT

    Myanmar’s economy continues to skid, with soaring inflation, a depreciating kyat … sides established the China-Myanmar Economic Corridor (CMEC) … saw as supporting Myanmar’s National Ceasefire Agreement … irregular supply of LNG, currency controls and other issues …

  • Challenges abound for garment industry in Myanmar 28 Sep 2023 09:03 GMT

    … devaluation of the local currency since the Feb 2021 … as MMK3,900 kyat for USD1 in August. Myanmar’s central … According to the World Bank, Myanmar’s manufacturing exports – which … labour right organisers at Hosheng Myanmar Garment Company, which manufactures …

  • Myanmar’s Daily Struggles Amid Rising Rice and Oil Prices: Balancing Armed Revolution and Economic Pressure 28 Sep 2023 00:22 GMT

    … support from the Myanmar diaspora and various ethnic … , trade tariffs, reserve currency, and more. This … kyat notes, have precipitated a severe depreciation of Myanmar’s currency … support. Recent currency depreciation has impacted all currency holders, …

  • Myanmar garment workers struggle to survive – and keep up with global orders 27 Sep 2023 15:16 GMT

    … , the devaluation of the kyat has made the country financially … labour rights organisers at Hosheng Myanmar Garment Company, which manufactures … Vicky Bowman, director of Myanmar Centre for Responsible Business, … value of the hard currency they are using to …

  • Even Adults Can’t Answer This – Cikgu Fadli Condemns Year 3 Maths Activity On Currency 27 Sep 2023 08:33 GMT

    … Not Face Any Disciplinary Actions Currency for year 3 students This … the exchange rate of the currency in the following countries compared … s Baht, Indonesia’s Rupiah, Myanmar’s Kyat, Laos’s Kip, Cambodia … a bank officer or play forex. However, some people say …

  • Shifts in Armed Forces Leadership and Economic Challenges in Myanmar 27 Sep 2023 02:25 GMT

    … the banner of the Burma National Revolutionary Army (BNRA … the use of foreign currency, mandatory exports at … market rates, and compulsory currency exchange within specified timelines … currency exchange rates into disarray, causing the value of the Myanmar kyat

  • Two allies of Myanmar junta chief investigated... 26 Sep 2023 23:09 GMT

    … – Two close allies of Myanmar’s top general have been … local kyat currency plunging against the dollar and business sentiment and forex … exchange rate for the kyat is currently just over … state media reported last week. Myanmar bank notes. PHOTO: THE STAR

  • Central Bank of Myanmar, Bank of China (Hong Kong) (Yangon Branch) co-organize 2023 Golden Autumn RMB Forum 26 Sep 2023 01:27 GMT

    … Agency 18 To enhance China-Myanmar bilateral trade, the Bank of … aims to develop the Yuan-Kyat direct payment system, accelerate trade … of the Central Bank of Myanmar, attended the ceremony via … Chinese yuan as a global currency and the implementation of cross …

  • Gold price dips to K3.4 mln per tical 27 Sep 2023 01:01 GMT

    … grey market. Along with the Kyat depreciation against the US dollar … million per tical with the Kyat devaluation against the US dollar … on the Central Bank of Myanmar’s reference exchange rate of … K3,300 in the unauthorized forex market. The US dollar exchange …

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