Reference Foreign Exchange Rates as of 9th January 2019

  • The reference exchange rate of the kyat for account transactions against the U.S.
Sagaing Regional govt. attracts foreign investments worth US$ 0.3m in 2017-2018 FY
The foreign investment in Sagaing Region in the financial year 2017-2018 amounted to US$ 300,000 while Myanmar citizen’s investment saw Ks. 24.6 billion.
Tropical storm Pabuk veers away from Kawthoung, travel services restored
The Taninthayi Region’s authorities reopened border gates and island resorts, which were suspended due to tropical storm Pabuk crossing near Kawthoung, after the weather bureau lifted its warning on the storm yesterday.
Two more fish processing plants get permission to export to EU
Two fish processing plants — TT Cold Store Factory and A&N Foods (Myanmar) Co. Ltd — were recently granted permission to export their products to the European Union. However, the factories can only export fish caught in the wild.
Myanmar gems, jewelers body forms central market implementation committee
The Myanmar Gems and Jewelry Entrepreneurs Association has formed a gold and gems central market implementation committee with the aim of working with and lending support to the state-led Gems and Gold Market Implementation Committee, said U Kyaw Win, the chairman of the association.
Domestic fuel prices continue to slide
THE price of oil has continued to decline in the domestic market on weak cues from the global oil market, which is bracing for a price slump, and the US dollar’s depreciation against the Kyat, according to local fuel stations.
Reference Foreign Exchange Rates as of 3rd January 2019
  • The reference exchange rate of the kyat for account transactions against the U.S.