Page 21 - Kanbawza News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Kanbawza. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Kanbawza Today - Breaking & Trending Today

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.” ....

Ethan Lwin , Burma General , New Zealand , South Korea , Khoon Goh , Zaw Moe Ko , Bloomberg Zaw Moe Ko , Suu Kyi , Kanbawza Bank , Central Bank , Australia New Zealand Banking Group Ltd , World Bank Myanmar Economic , Bloomberg Myanmar , World Bank , Myanmar Economic , May Toe Win , Trade Reaches , Aung San Suu Kyi , New Zealand Banking Group , Zaw Moe , விட ழ்வின் , பர்மா ஜநரல் , புதியது ஜீலாந்து , தெற்கு கொரியா , கூன் கோ , ஶ்யூயூ கீ ,

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. ....

Ethan Lwin , Burma General , New Zealand , South Korea , Khoon Goh , Zaw Moe Ko , Suu Kyi , Kanbawza Bank , Central Bank , Australia New Zealand Banking Group Ltd , World Bank Myanmar Economic , World Bank , Myanmar Economic , May Toe Win , Aung San Suu Kyi , New Zealand Banking Group , விட ழ்வின் , பர்மா ஜநரல் , புதியது ஜீலாந்து , தெற்கு கொரியா , கூன் கோ , ஶ்யூயூ கீ , மைய வங்கி , ஆஸ்திரேலியா புதியது ஜீலாந்து வங்கி குழு லிமிடெட் , உலகம் வங்கி மியான்மர் பொருளாதார , உலகம் வங்கி ,

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.” ....

Ethan Lwin , Burma General , New Zealand , South Korea , Khoon Goh , Zaw Moe Ko , Bloomberg Zaw Moe Ko , Suu Kyi , Kanbawza Bank , Central Bank , Australia New Zealand Banking Group Ltd , World Bank Myanmar Economic , Bloomberg Myanmar , World Bank , Myanmar Economic , May Toe Win , Trade Reaches , Aung San Suu Kyi , New Zealand Banking Group , Zaw Moe , விட ழ்வின் , பர்மா ஜநரல் , புதியது ஜீலாந்து , தெற்கு கொரியா , கூன் கோ , ஶ்யூயூ கீ ,

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.” ....

Ethan Lwin , Burma General , New Zealand , South Korea , Khoon Goh , Zaw Moe Ko , Bloomberg Zaw Moe Ko , Suu Kyi , Kanbawza Bank , Central Bank , Australia New Zealand Banking Group Ltd , World Bank Myanmar Economic , Bloomberg Myanmar , World Bank , Myanmar Economic , May Toe Win , Trade Reaches , Aung San Suu Kyi , New Zealand Banking Group , Zaw Moe , விட ழ்வின் , பர்மா ஜநரல் , புதியது ஜீலாந்து , தெற்கு கொரியா , கூன் கோ , ஶ்யூயூ கீ ,