Myanmar central bank orders firms with up to 35% foreign ownership to convert forex - CNA


7/17/2022 12:00:00 AM2 years 9 months ago

Myanmar's central bank has ordered companies with up to 35 per cent foreign ownership to convert foreign exchange into the local currency, state media reported on Monday, extending a rule aimed at relieving pressure on the kyat to include more businesses. In …

Myanmar's central bank has ordered companies with up to 35 per cent foreign ownership to convert foreign exchange into the local currency, state media reported on Monday, extending a rule aimed at re… [+1693 chars]

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