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World 06 Mar 2012 | 12:00 AM

Exclusive - Myanmar to float currency in 2012/13, unify FX rates

YANGON (Reuters) - Myanmar will begin a managed float of its currency in the fiscal year starting in April and wants to develop an interbank money market to end a black-market currency system that critics say deters investment and abets kleptocracy.

World 06 Mar 2012 | 12:00 AM

Exclusive - Myanmar to float currency in 2012/13, unify FX rates

YANGON (Reuters) - Myanmar will begin a managed float of its currency in the fiscal year from April and develop an interbank money market, according to central bank documents obtained by Reuters, ending a fixed-rate currency system that has stifled investment and fuelled a black market.

World 06 Mar 2012 | 12:00 AM

Exclusive - Myanmar to float currency in 2012/13, unify FX rates

YANGON (Reuters) - Myanmar will begin a managed float of its currency in the fiscal year from April and develop an interbank money market, according to central bank documents obtained by Reuters, ending a fixed-rate currency system that has stifled investment and fuelled a black market.

Community 24 Sep 2011 | 12:00 AM

A leap forward in the new Bank Negara building

BANK Negara has opened a new building, Sasana Kijang, established to be a centre of knowledge and learning in central banking and finance.

AseanPlus News 16 May 2006 | 12:00 AM

Oil price surge threatens Asia’s growth

A FURTHER sharp rise in oil prices poses a threat to Asia's economic growth, an Asian Development Bank (ADB) senior economist said in a published report yesterday.

Nation 29 May 2005 | 12:00 AM

Week That Was

Compiled by WONG LI ZA