For my part, I need to pay 30,000 to 50,000 kyat
to the authorities in order to get the goods passed through the checkpoints.
Severe shortage of foreign exchange, inflation, printing of money, undermining of price liberalization, devaluation of the kyat
, lack of credit, and decreased foreign investments encompass many of the deleterious consequences of Burma's multiple exchange rates.
People who refuse to work or cannot work are expected to pay fines from 200 kyat
to 3,500 kyat
The suspects, aged 30 and 32, were reportedly using 1 kyat
coins, which are similar in size and weight to 500 yen coins.
Under the new arrangement, lowest-ranking officials will get an overall monthly remuneration of 3,000 kyat
while top officials will get 15,000 kyat
dollar) or kyat
(pronounced chat), the local currency.
Khun Sa [has] paid 500,000 kyat
[$5,000] a month since 1992 to one general who was commanding this region," one officer of his army in Shan State told Reuters.
is the national currency of which country?
US$21 million in Kyat
equivalent to provide senior loans of up to US$3-6 million in Kyat
equivalent to each selected MFI.
had been declining steadily against the dollar since the beginning of the year.
In Myanmar, several hundred people have abandoned their journey and returned to Rakhine state after paying smugglers 200,000-300,000 kyat
($182-$273) for re-entry, UNHCR said on Tuesday, calling for them not to be punished for irregular departure.
The exchange rate of the kyat
to the US dollar, which was set in April 2012 at a small band around 818 kyat
, on November 7, 2014, for the first time crossed the 1,000-kyat
mark and has since been expanding significantly further to 1,038 kyat
as of yesterday.