YANGON: A rapid depreciation of Myanmar's currency is pushing up the prices of essentials, including food and medicine, crippling ordinary households in the South-East Asian country wrecked by ...

Myanmar central bank sees currency stabilizing on new measures October 7, 2021 Myanmar’s economy is deteriorating as its civil conflict intensifies, World Bank report says ...

Myanmar has not disclosed its level of foreign currency reserves. World Bank data shows it had just $7.67 billion in reserves at the end of 2020, before the February coup.

Myanmar’s economy is set to shrink by 2 percent ... As an explanation, it cited the impacts of ongoing conflict, natural disasters, rapid currency depreciation, high inflation, and outward ...

Two years ago, as Cyclone Mocha whipped towards the western coast of Myanmar, packing wind speeds of some 280 kilometres per hour (175mph) and threatening disaster, the country’s military ruler Min ...

The Philippines stands ready to send another humanitarian contingent to earthquake-devastated Myanmar once its current team ...

Myanmar’s economy even today remains stagnant and beset by the twin evils of low growth and high inflation. Foreign currency reserves have also been depleted. The lack of American dollars at one ...

NAYPYITAW, Myanmar--(BUSINESS WIRE)--In response to the devastating earthquake that recently struck Myanmar, Western Union today announced that it is offering consumers around the world zero-fee ...