News Myanmar Dollar: Myanmar's military chief pardons prisoners to mark holiday
Myanmar’s military government on Sunday began releasing more than 1,600 prisoners to mark the traditional new year holiday, but they didn't include any political detainees despite the country’s ruling ...
News Myanmar Dollar: Myanmar’s Military Junta Tightens Control Over Foreign Currency Flows
Under new central bank rules, all local holders of foreign currency will have to convert them to Myanmar kyats.
News Myanmar Dollar: Myanmar Regime Soldiers Tempted to Defect by NUG’s Cash Offer
Almost 3,000 soldiers have defected from the military since the coup and the civilian National Unity Government expects more to follow.
News Myanmar Dollar: Myanmar kyat still weakens against USD in black market
YANGON, Feb 20 (Xinhua): The Myanmar kyat has been depreciating against the US dollar with an exchange rate of over 1,900 kyats per dollar in the local black market in recent days, state-run ...
News Myanmar Dollar: Telenor Group to Sell 51% Stake in Myanmar's Mobile Financial Services Unit
Telenor Group and Yoma Strategic have entered into an agreement to sell Telenor Group’s 51 percent share of Digital Money Myanmar (Wave Money) ...
News Myanmar Dollar: Myanmar Democracy Group Look to Tether After Failure of Myanmar Dollar Project
As the military seized control of the issuance of currency in Myanmar in 2021, the citizens responded by taking to the stablecoin Tether for peer-to-peer transactions and cross-border remittances.