Myanmar’s currency gaining against the dollar


YANGON: Zaw Moe Ko was happy that his boss in Myanmar’s commercial centre of Yangon pays him in dollars – until the pandemic struck. Now he can’t get rid of them fast enough.

“I feel safer now when I have kyat rather than US dollars, ” he said, in what’s become a more widespread vote of confidence in the local currency.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

I-Bhd's first AI experience centre opens at i-City
Yinson Renewables acquires 94.6MW Mt Cass Wind Farm in NZ
Sabah govt gets RM50mil dividend from state-owned SMJ Energy
SME Bank strengthens MSME ecosystem by providing over RM50bil in financing since 2005
Gamuda shares rise in early trade after securing RM2.69bil Marinus Link project
CIMB commits to developing tokenised financial services
Tech jitters dent stocks before central banks take centre stage
Australia dollar suffers with stocks, kiwi underwhelmed by GDP
Oil prices jump�on Trump's Venezuela blockade
Ringgit opens near five-year high at 4.07 vs US$

Others Also Read