Description:
Burma?s national currency has stabilized after reaching an all-time low of around 395 kyat to the US dollar in mid-August. The kyat, which has been under pressure since civil servants received a pay increase of more than 500% in April, recovered to around 385 kyat to the dollar by late August, after briefly testing the 400 kyat per dollar level.
Source/publisher:
"The Irrawaddy", Vol. 8. No. 8, August 2000
Date of entry:
2010-09-06
Grouping:
- Individual Documents
Category:
Language:
English