YANGON (Xinhua): The Central Bank of Myanmar (CBM) has extended the time span of compulsorily converting foreign currencies into kyats for exporters trading at the borders with China and Thailand.
According to a directive issued by the central bank on Tuesday (April 26), exporters trading under China-Myanmar and Thai-Myanmar border trade programmes no longer need to compulsorily convert their export earnings in foreign currencies into kyats within one working day.
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