Tag
Myanmar economic crisis
![Myanmar OKs Use of Thai Currency in Border Trade Myanmar OKs Use of Thai Currency in Border Trade](https://thediplomat.com/wp-content/uploads/2022/03/sizes/thumbnail/thediplomat_2022-03-16-121917.jpg)
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 Myanmar Political Standoff Leaves Economy in Tatters](https://thediplomat.com/wp-content/uploads/2021/11/sizes/thumbnail/thediplomat_2021-11-15-063516.jpg)
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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