U Phyo Min Thein promised that the government is committed to providing support for an internationally recognized gold market in Yangon. “Our government is trying to implement a gold market in line with rules and regulations,” he said at the 17th Annual Meeting of Myanmar Gold Entrepreneurs Association, held at Times City (Jewelry Mall) on […]
Gold traders fret opaque exchange rate
July 14, 2015 by
Mandalay gold dealers are seeing their business complicated by the difficulty determining the daily kyat-dollar exchange rate, with dealers working to avoid too much volatility in price. While dealers had previously been able to simply ask money changers for the kyat-dollar rate each day, many dealers have been reluctant to do so since the unofficial […]
