comparemela.com

Latest Breaking News On - விட ழ்வின் - Page 7 : comparemela.com

Dollar Loses Luster Against Asia s Top Performing Currency of 2020

Dollar Loses Luster Against Asia s Top Performing Currency of 2020 Bloomberg 12/23/2020 Khine Lin Kyaw and Chester Yung (Bloomberg) Zaw Moe Ko was happy that his boss in Myanmar’s commercial center of Yangon pays him in dollars until the pandemic struck. Now he can’t get rid of them fast enough. Popular Searches “I feel safer now when I have kyat rather than U.S. dollars,” he said, in what’s become a more widespread vote of confidence in the local currency. “If I only have U.S. notes, it will be hard for me to buy goods in a local market.”

Myanmar s currency gaining against the dollar

YANGON: Zaw Moe Ko was happy that his boss in Myanmar’s commercial centre of Yangon pays him in dollars – until the pandemic struck. Now he can’t get rid of them fast enough. “I feel safer now when I have kyat rather than US dollars, ” he said, in what’s become a more widespread vote of confidence in the local currency. “If I only have US notes, it will be hard for me to buy goods in a local market.” In a year that’s upended so many norms, the dollar’s crown has slipped. The world’s reserve currency is trailing its Group-of-10 peers, but its slide is most evident in some shallower markets on the fringes of global finance. The kyat has gained as much as 11% versus the dollar – Asia’s best performance.

Myanmar s Kyat Beats Dollar as Year of Pandemic Upends Markets

Dollar Loses Luster Against Asia s Top Performing Currency of 2020 Bloomberg 12/23/2020 Khine Lin Kyaw and Chester Yung (Bloomberg) Zaw Moe Ko was happy that his boss in Myanmar’s commercial center of Yangon pays him in dollars until the pandemic struck. Now he can’t get rid of them fast enough. Popular Searches “I feel safer now when I have kyat rather than U.S. dollars,” he said, in what’s become a more widespread vote of confidence in the local currency. “If I only have U.S. notes, it will be hard for me to buy goods in a local market.”

Even Myanmar s Currency Is Gaining Against the Dollar This Year

Dollar Loses Luster Against Asia s Top Performing Currency of 2020 Bloomberg 12/23/2020 Khine Lin Kyaw and Chester Yung (Bloomberg) Zaw Moe Ko was happy that his boss in Myanmar’s commercial center of Yangon pays him in dollars until the pandemic struck. Now he can’t get rid of them fast enough. Popular Searches “I feel safer now when I have kyat rather than U.S. dollars,” he said, in what’s become a more widespread vote of confidence in the local currency. “If I only have U.S. notes, it will be hard for me to buy goods in a local market.”

Myanma: Nejméně navštěvovaná země jihovýchodní Asie, která si doposud zachovala kouzlo starých časů

Myanma: Nejméně navštěvovaná země jihovýchodní Asie, která si doposud zachovala kouzlo starých časů
reflex.cz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reflex.cz Daily Mail and Mail on Sunday newspapers.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.