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View Full Version : Myanmar Float Helps Exporters Buying Kyat in Black Market - Bloomberg



NewsWhore
03-29-2012, 02:50 PM
Myanmar Float Helps Exporters Buying Kyat in Black Market (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEVn0Ox_P3uBd4XeLnIjCE_ZS7kew&url=http://www.bloomberg.com/news/2012-03-29/myanmar-float-helps-exporters-buying-kyat-in-black-market.html)
Bloomberg
The bank will publish a reference rate for its currency daily starting April 1, scrapping a 35- year fixed exchange rate, it said. It may set the new official kyat level near the black- market rate at about 820 to the dollar, which has appreciated from ...

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