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Myanmar cash crisis taking heavy toll

Myanmar cash crisis taking heavy toll
26
Hours-long queues at cash-short banks a daily routine, black-market brokers busy
published :
15 May 2021 at 14:11
People queue outside a bank to withdraw cash in Yangon on Thursday. (Reuters Photo)
If you need cash in Myanmar, you have to get up early. Queues start forming outside banks at 4am, where the first 15 or 30 customers are given a plastic token that will allow them to enter the bank when it opens at 9:30 and withdraw cash.
If you don’t get a token, you either have to queue for hours for the few functioning cash dispensing machines outside or go to black-market brokers who charge big commissions, according to more than a dozen people who spoke to Reuters. ....

Fitch Solutions , United Nation World Food Programme , United Nations Development Programme , Kanbawza Bank , Dcb Bank , Reuters Photo , Richard Horsey , ஃபிட்ச் தீர்வுகள் , ஒன்றுபட்டது தேசம் உலகம் உணவு ப்ரோக்ராம் , ஒன்றுபட்டது நாடுகள் வளர்ச்சி ப்ரோக்ராம் , சிபி வங்கி , ராய்ட்டர்ஸ் புகைப்படம் , ரிச்சர்ட் குதிரை ,

Lines, tokens and money brokers: Myanmar's crumbling economy runs low on cash

If you need cash in Myanmar, you have to get up early. Queues start forming outside banks at 4 a.m., where the first 15 or 30 customers are given a plastic… ....

United States , Krung Thep Mahanakhon , Bill Rigby , David Lawder , Simon Lewis , Chen Lin , Aradhana Aravindan , United Nation World Food Programme , United Nations Development Programme , Fitch Solutions , Kanbawza Bank , Postmedia Network Inc , Dcb Bank , Thu Aung , Shoon Naing , Antoni Slodkowski , Richard Horsey , Antoni Slodkowski Additional , Poppy Mcpherson , Anshuman Daga , Singapore Editing , Postmedia Network , Street East , ஒன்றுபட்டது மாநிலங்களில் , ர சி து ரிக்பி , சிமோன் லெவிஸ் ,

RPT-Lines, tokens and money brokers: Myanmar's crumbling economy runs low on cash

MYANMAR-POLITICS/ECONOMY (REPEAT, PIX, TV):RPT-Lines, tokens and money brokers: Myanmar's crumbling economy runs low on cash ....

Krung Thep Mahanakhon , United States , Bill Rigby , David Lawder , Simon Lewis , Chen Lin , Aradhana Aravindan , Fitch Solutions , United Nation World Food Programme , United Nations Development Programme , Kanbawza Bank , Dcb Bank , Thu Aung , Shoon Naing , Richard Horsey , Antoni Slodkowski Additional , Poppy Mcpherson , Anshuman Daga , Singapore Editing , ஒன்றுபட்டது மாநிலங்களில் , ர சி து ரிக்பி , சிமோன் லெவிஸ் , சென் லின் , ஆராதனா அரவிந்தன் , ஃபிட்ச் தீர்வுகள் , ஒன்றுபட்டது தேசம் உலகம் உணவு ப்ரோக்ராம் ,

Myanmar Banking System 'Near Collapse' as Customers Make Fewer Deposits, More Withdrawals — Radio Free Asia

Banks now set limits on amounts that can be withdrawn, as the Central Bank makes fewer disbursements and ATMs run short of cash. ....

Rakhine State , Shan State , Shwe Kyaw , Administration Council , Civil Disobedience Movement , Central Bank , Dcb Bank , Myanmar Central Bank , National Unity Government , Myanmar Service , Win Thaw , State Administration Council , San Shwe Kyaw , Soe Tun , Tin Tun Naing , Foreign Investment , Special Accounts , Flexible Accounts , Military Coup , ஷான் நிலை , மைய வங்கி , சிபி வங்கி , மியான்மர் மைய வங்கி , தேசிய ஒற்றுமை அரசு , மியான்மர் சேவை , சோ டியூன் ,

Myanmar descends into chaos

TTR Weekly takes a closer look at how the travel industry is fairing during the unfolding crisis.
More than 760 unarmed civilians, including young children, have been killed by the military junta and thousands arrested. Many executives and leaders in tourism fled, fearing for their lives, and all interviewed requested anonymity as they fear for their safety.
Here are some of the observations of people living in Myanmar who have first-hand knowledge of the impact on residents and the travel industry community. They correctly fear their lives are at risk if they are identified.
Criticizing the military junta and its appointed government is punishable by several years in prison. There are even dire consequences for those who wear an innocuous black facemask during a protest march. Banging pots and pans every evening at 2000 has been a form of protest nationwide since 2 April, but it can lead to a heavy-handed response from security forces. Posting a pro-movement messag ....

Civil Disobedience Movement , Hotels Tourism , National Unity Government Of Myanmar , Hilton Hotels , Myanmar National Airlines , Air Kanbawza , National Unity Government , ஹோட்டல் சுற்றுலா , ஹில்டன் ஹோட்டல் , மியான்மர் தேசிய விமான நிறுவனங்கள் , தேசிய ஒற்றுமை அரசு ,