Showing 141 - 150 of 3,812
Myanmar currency drops 60% in weeks as economy tanks since February coup
Published on 29/09/2021
» Myanmar's currency has lost more than 60% of its value since the beginning of September, driving up food and fuel prices in an economy that has tanked since a military coup eight months ago.
Myanmar central bank says FX deposits must be converted into local currency
Published on 04/04/2022
» Foreign exchange earned by locals in Myanmar must be deposited in accounts at licensed banks and exchanged for the local currency within one working day, the central bank said, as the country's military authorities seek more control over foreign currency flows.
Myanmar central bank weakens official fx rate for kyat currency by 13.5%
Published on 08/08/2022
» Myanmar's central bank weakened its kyat currency from 1,850 to 2,100 per dollar on Monday, according to a statement published in a state newspaper.
Myanmar exiles seek virtual currency backed by $1 billion at US Fed
Published on 06/09/2022
» Myanmar exiles ousted in a 2021 coup are pressing the Federal Reserve to endorse their bid to use $1 billion in funds frozen by the US to back a digital currency and a plan to establish a new central bank.
Baht weakens post-New Year holiday
Published on 02/01/2020
» ชาวต่างชาติเข้าแลกสกุลเงินต่างชาติบริเวณ ตู้EXCHANGE ในขณะค่าเงินบาทแข็ง บริเวณถนนสุขุมวิทPublished caption : Foreign tourists check a currency exchange board on Sukhumvit Road. The baht fell to 30.11 per dollar yesterday.
Hong Kong defends currency peg amid outflow of capital chasing US dollar assets
Published on 28/09/2022
» HONG KONG: The Hong Kong Monetary Authority (HKMA) on Wednesday intervened in the foreign-exchange market for the first time in seven weeks to defend the local currency's peg against the US dollar, following flight of capital from the Hong Kong dollar market after US rates rose to a 14-year high last week.
Thailand's central bank to curb baht swings as currency hits 4-year high
Bloomberg News, Published on 09/09/2025
» Thailand’s central bank vowed to take steps to ease baht volatility and limit the influence of gold prices after the local currency rallied to a four-year high.
China Envisions Its Digital-Currency Future, With Lotteries and a Year's Worth of Laundry
Business, Published on 29/12/2020
» The People's Bank of China on Sunday concluded its second digital-currency pilot program, as the central bank moves closer to a formal rollout that would make China the first major world economy to introduce such a system.
China's yuan fit to rival US dollar as global currency if more accessible: economist
Published on 23/05/2025
» China's yuan has the potential to rival a weakening US dollar as a global currency if Beijing liberalises convertibility and access for foreigners, according to a senior Asian economist.
Thai businesses are concerned about effect on oil prices, shipping costs and the local currency
Business, Post Reporters, Published on 14/10/2024
» Amidst a stagnant domestic economy, geopolitical tensions in the Middle East are regarded as a crucial factor that could greatly impact the Thai private sector as the war between Israel and Hamas drags on for over a year with no end in sight.