Myanmar's central bank orders companies and banks to suspend foreign loan repayments

YANGON, July 19 (Reuters): 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 July 13, according to Myanmar Now, a news agency. Reuters could not independently verify the document, which was circulating on social media.