Tag
Myanmar economic crisis
Myanmar OKs Use of Thai Currency in Border Trade
By Elaine Kurtenbach
Seeking to limit Myanmar’s reliance on the U.S. dollar in trade, the military-led administration has agreed to accept Thai baht and plans a similar arrangement to accept Indian rupees.
Myanmar Political Standoff Leaves Economy in Tatters
By Elaine Kurtenbach
With foreign trade falling by 22 percent, dollars are scarce and valuable versus the kyat.
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