China, the world’s largest importer of cotton, has been eyeing Myanmar-produced cotton with much greater interest in the wake of its trade war with the US, local cotton growers have told The Myanmar Times. China has imported cotton from the US for the past 10 years. Last month though, US President Donald Trump imposed $50 […]
Kyat Hits Strongest Level Against Dollar in Over a Year
January 24, 2018 by
The Myanmar kyat appreciated to its strongest level against the US dollar in a year after the Central Bank of Myanmar (CBM) set its daily reference rate at K1,345 per dollar on Tuesday. The kyat had weakened to K1,360 against the dollar last year. It opened this year at K1,361. The kyat hit a record […]
