How Rising Currency Exchange Rates and Import Bans Are Impacting Daily Expenses — Burmese News Radio

Stricter trade controls and import bans on construction materials have halted construction projects across Yangon, Mandalay, and nationwide. Currency exchange gaps remain wide, with open market Thai baht reaching 118 kyat and Malaysian ringgit at 1,073 kyat against central bank official rates of 63 kyat and 482 kyat respectively. Everyday household expenses remain high as open market palm oil sells over 10,000 kyat above official reference rates, while 95 octane fuel stands at 3,195 kyat per liter. In cross-border trade, Chinshwehaw trade volume reached 42 billion RMB between January and July despite official gate closures, representing a 48 percent increase year-over-year. #CostOfLiving #MyanmarBusiness #MyanmarTrade #Inflation #KyatExchangeRate #FoodPrices Stay informed on your daily living costs—subscribe to Burmese News Radio now. ---