Burma Money valueMyanmar Money Value
Indian Rupee(INR) to Myanmar Kyat(MMK) Exchange Rate Today
Here is the page from Myanmar Kyat (MMK) to Myanmar Rupee (INR) recalculation, below you will find the current rates of exchange between them and will be refreshed every 1 minute. This shows the translation rates for both currrencies. You can also view the histories of these forex couples by selecting the timeframe in which you can get more information.
Do you want to reverse the currency pair? For more information, please see Myanmar Kyat(MMK) To Indigenous Rupee(INR). If you would like to place a hyperlink to Myanmar Kyat(MMK) Exchange Rate on your site, please copy the HTML from below:
Opinion polls say Kyat is rising
Burma's single most important monetary policy has seen a reversal of the current economic and monetary trends since the new parliament was called on Monday. The Burmese economy has seen a reversal of the economic and monetary trends since the new parliament met on Monday. From the beginning of last year, the value of the Kyoto Protocol was affected by a trading shortfall, an instable policy climate and the strength of the US dollar on the global markets - in January 2015, the Kyoto Protocol lost 30 per cent of its value against the US dollar.
"Although the value of the Kiev has been falling since the beginning of this months, the value of the Kiev has risen. We wait to see if the price drops again," said a foreign currency agent in Rangoon Division's Pabedan Township and referred to the fall in the U.S. dollar to 1,270 from 1,300 to 1,300 Kyat, according to the Central Bank.
However, Burma's currency has actually risen since last year, reaching around 1,100 Kie. Burma's currency movements are influenced by the country's policy transformation and the fact that the central bank has control over the price of the markets. It is my view that the Central Bank is monitoring the interest rates in order to progressively lower them when defining its policy.
It is still rising, but it should fall soon," said Win Myint, president of Myanmar Petroleum Distributors Association, and added that a lower currency parity is more advantageous when it comes to uptake. At the beginning of October, the World Bank predicted a deceleration in the economy for the 2015-16 financial year, partly due to deluge-like floods last year and a shortage of new investments.
Myanmar Retailers Association vice-chairman Myo Min Aung said the foreign policy must be such that it works well for both importer and exporter. "The value of Kyoto should rise further, it should rise further and finally stabilise for business people. When we are able to get a stable foreign currency as some of our neighbours have done, we will see the economy grow," said Myo Min Aung.