Dollar Price in MyanmarDollar Price in Myanmar
Kyat Myanma 2012-2018 dates graph calendar forecast
USDMMK fell 2.0000, or 0.14%, to 1,403.0000 on Wednesday, July 4 from 1,405.0000 at the last trade meeting. Myanma Kyat hit an all-time high of 1415 in June 2018 and a historic low of 847.95 in October 2012. This enables customers to access our real-time business calendars, update subscriptions and access million series of historic information.
USDMMK indicates how much one of the currencies is currently valuable in relation to the other. As the USDMMK cash price is noted and swapped on the same date, the USDMMK forward price is noted today, but for shipping and payments on a certain date in the near term..... Myanma Kyat offers current figures, historic dates, forecasts, charts, stats, business calendars and more.
The Myanma Kyat - current dates, historic graph and publication schedule - was last revised in July 2018.
The Myanmar Times: Kyat falls against the dollar
av _abdm = _abdm |||| ;_abdm.push(["1512023572", "InPage", "1512024292", "InPage_1512024292"]); var _abdm = _abdm |||| ;_abdm. push (["1512023572", "InPage", "1512024269", "InPage_1512024269"]); The Yen fell further against the US dollar and fell to close to K1200 on domestic stock markets last night. This devaluation comes when the Central Bank of Myanmar reduced its benchmark interest rates to K1105 per US dollar on 5 June, the first fall in the exchange rates this year above K1100.
It' s against the law to act outside a range of plus or minus 0.8 per cent of the central bank' s benchmark interest level, although some dealers say that the price has not kept up with the current state. A city-center forex dealer said that financial services providers and major institution are now following government prices, they are hesitant to selling US dollar at the government average foreign dollar parity, which means that they are having difficulty buying it.
"He said they can' t buy bucks from the bank, they have to buy them on the illegal market". However, he added that the abrupt devaluation transaction had also declined. Yesterday the exchange rates for Dollar-Kyat were nearer to K1130. A trader on the Mingalar markets said that the slowing down Cyat is making things harder for exporters.
"Some businesses are closed because the diminishing Kiev makes overseas goods more expensive," he said.