Myanmar orders companies, banks to suspend foreign loan repayments: Reports - CNA


7/16/2022 12:00:00 AM3 years 7 months ago

Myanmar's central bank has ordered local companies and banks to suspend and reschedule repayment of foreign loans, according to local media, its latest effort to exert control over foreign currency flows.  The central bank issued the order on Jul 13, accordin…

Myanmar's central bank has ordered local companies and banks to suspend and reschedule repayment of foreign loans, according to local media, its latest effort to exert control over foreign currency f… [+1336 chars]

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