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Myanmar starts slow depreciation of kyat
Published Thu, Jul 16, 2015 · 09:50 PM
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Yangon
MYANMAR'S central bank has started a slow depreciation of its kyat currency in an effort to stabilise fluctuations by bringing the official exchange rate closer in line with the market rate, a senior central bank official said on Thursday.
The move, effective since Monday, follows suggestions by specialists incl…
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