Central Bank increases exchange rate to Ks1,330 per US dollar

With an even higher exchange rate for the US dollar in the sheet market, the Central Bank of Myanmar (CBM) increased the rate from Ks1,320 to Ks1,330 per dollar on 13thDecember. The CBM set the exchange rate per dollar at Ks1,308 from 30th November to 2nd December, Ks1,305 on 5thDecember, Ks1,310 on 6th December, Ks1,315 […]

Dollar Hits Record High on 14th November

The dollar price hit record high on 14th November, reaching over Ks1,306 per dollar, according to the black market. In the global market, the US dollar index was 99.52, which is 0.5 per cent higher when compared to that on 12th November. The dollar rallied against other hard currencies. The euro paused its decline against […]