Simply sign up to the Currencies myFT Digest -- delivered directly to your inbox. With attention focused on the yen, ringgit and peso, Myanmar’s currency quietly hit a point of record weakness on ...

Myanmar's currency, the kyat, has lost more than 60% of its value since the beginning of September, in a collapse that has driven up food and fuel prices, within an economy that has tanked since a ...

Workers count Myanmar's kyat banknotes at the office of a local bank in Yangon. REUTERS/Soe Zeya Tun The opening of Myanmar’s economy along with its floating currency and growing demand for imports ...

BANGKOK -- An order by Myanmar’s central bank that all foreign currency in bank accounts must be converted into the local currency has many in the military-ruled country worried about potential losses ...

BANGKOK — Myanmar’s economy is forecast to contract this year, the World Bank said Wednesday, as flooding and fighting take a severe toll nearly four years after the military ousted its elected ...

Until now, the kyat's official rate was 6.14 per dollar. On the black market, the US currency could be exchanged for up to 800 kyat. Unifying the exchange rates is expected to promote foreign ...

YANGON: Yangon Region has the largest amount of Covid loans and largest amount of outstanding repayments, and those who have ...

Read full article: Defense for father, son convicted in murder of Ahmaud Arbery to present amended arguments Thursday in push for new trial Read full article: Keep your drink cold (or hot) longer with ...