Original title: in this country, the central bank has "stepped in" more than 30 times! A total of more than 120 million US dollars! The exchange rate of the currency is still below the historical record.
On September 5, local time, the Burmese dollar fell to 1860 kyat against the US dollar in the Burmese foreign exchange market.Set an all-time low again。
On September 3, the Central Bank of Myanmar issued a notice requiring Burmese exporters to sell temporarily unused US dollars in their accounts to Burmese banks with foreign exchange rights within four months, a policy that further affected the market exchange rate of the Burmese currency.
On August 16, several currency exchange points in Myanmar hung the actual transaction price of 1775 kyat to 1790 kyat to the dollar, which was also the lowest in history after the exchange rate of the kyat broke through 1700 kyat to the dollar in May this year.
Since February this year, the Burmese dollar has continued to fall against the US dollar after 1330 kyat to the US dollar.The central bank of Myanmar has invested more than 120 million US dollars into the market more than 30 times to balance the exchange rate, but it is still difficult to contain the downward trend of the Burmese dollar.。