The US dollar plays a critical role in Myanmar’s economy, serving as a stable and widely accepted currency in a market characterized by volatility and uncertainty. The reliance on the US dollar is a reflection of broader economic challenges, including inflation and a fluctuating local currency, the kyat (MMK)
The US dollar plays a critical role in Myanmar’s economy, serving as a stable and widely accepted currency in a market characterized by volatility and uncertainty. The reliance on the US dollar is a reflection of broader economic challenges, including inflation and a fluctuating local currency, the kyat (MMK)
The world is watching as Myanmar's economy faces a dramatic collapse, a crisis exacerbated by the military junta's decision to print vast amounts of new banknotes. This desperate measure, intended to stabilize the economy, is instead driving the nation into deeper financial turmoil, with devastating consequences
