Myanmar Banker

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Central Bank seen buying dollars after kyat stabilises 13/12/2018

Some have criticised the CBM for attempting to lift the value of the dollar, which had tapered against the kyat in recent weeks after the US and China reached an agreement to call off further imposition of tariffs.

Central Bank seen buying dollars after kyat stabilises The Central Bank of Myanmar (CBM) bought US$ 37.74 million from the market between November 27 and December 6.

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