Reports of fake banknotes on the rise amid economic turmoil in Myanmar
But observers say the junta has no systematic plan to address the issue.
Source: rfa.org
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Gold prices hit MMK2 million per tical | Myanmar Business Today
The local gold prices that have been skyrocketing since last year now hit MMK2 million per tical again after reaching MMK 2.2 million per tical in late September 2022. A tical of gold is equivalent to 16.32 grams or 0.576 oz. In the afternoon of March 8, the gold price in the global market is $2 ...
Source: mmbiztoday.com
Myanmar allows Baht as an official settlement currency for border trade
The Central Bank of Myanmar has now allowed Baht as an official settlement currency for Thai-Myanmar border trade, according to its announcement on March 3, 2022. The move aims to improve trade between the two countries, streamline the payment and trading as well as to increase the use of local ...
Source: mmbiztoday.com
Living in fear: Myanmar nationalists in danger as junta supporters targeted
The house surrounded by CCTV cameras belongs to Ko Latt, also known as Mingalar Taung Nyunt, a well-known Myanmar ultranationalist.
Source: mizzima.com
Central Bank Sells Millions of Dollars for the 3rd Time in 2022
The Central Bank of Myanmar sold $10 million on January 13 at the rate of MMK1,778 per dollar. This is the third time that the Central Bank of Myanmar sells millions of dollars in January alone. The first time was $15 million sold on January 7 and another $15 million on January 12. The Central B ...
Source: mmbiztoday.com