Currency Exchange Archives

Thura NewsViews

Myanmar’s most widely read newsletter on the country’s politics, economy and businesses brought to you by Thura Swiss

Central Bank purchases record amounts of USD

State-media reported that the Central Bank of Myanmar (CBM) purchased record amounts of USD currency in September and October 2020, respectively USD 44.2 and 43 million, to try and maintain the MMK exchange rate as steady as possible. “The instabil

COVID update: Truckers tested, dollar weak

Myanmar’s pandemic has passed 30,000 confirmed COVID-19 cases, with no signs of slowing. Elections, transportation and logistics, and a weakening dollar on currency markets are the latest concerns. Shipping routes could be a main vector for the

Highlights

Terminals, ports, logistics, liner operations disrupted
February 26, 2021
German containerline Hapag Lloyd has announced a decision to temporarily suspend cargo bookings into Myanmar …
Facebook, Instagram ban military and related pages with immediate effect
February 26, 2021
In a February 24th update to its February 11th statement, Facebook through its Director of …
Luxury Japanese real-estate complex called out for funding military
February 26, 2021
Despite distancing itself from other major Western states imposing sanctions on military-linked individuals and entities, …

Thura NewsViews

Tag: Currency Exchange

Central Bank purchases record amounts of USD

COVID update: Truckers tested, dollar weak

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Highlights

Terminals, ports, logistics, liner operations disrupted

Facebook, Instagram ban military and related pages with immediate effect

Luxury Japanese real-estate complex called out for funding military

Myanmar in the Media

Thura NewsViews