Myanmar, known formerly as Burma, has two forex markets in competition with each other — the official exchange and the underground market right beside it. No, literally, the underground market is ...
MYANMAR’S central bank has ordered banks and traders to limit foreign exchange transactions to an approved online trading platform, amid a slide in the value of the kyat currency. The order is part of ...
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 official channels ...
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