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The black market exchange rates (USD to MMK) decrease during the peak of the tourist season in Burma (December to January). During the 2003 Myanmar banking crisis, the kyat's black market rate appreciated when distrust in kyat-deposited banks increased demand for kyat banknotes. [4] At its peak, the kyat traded for as high as Ks. 850/- per USD. [5]
In August, the Central Bank of Myanmar tried tethering the kyat 0.8% either side of its reference rate against the dollar, but gave up on Sept. 10 as pressure on the exchange rate mounted.
MRTV News Channel is a dedicated news channel, owned and operate by Myanmar Radio and Television. It broadcasts rolling news, current affair programs, and knowledge programs. It broadcasts rolling news, current affair programs, and knowledge programs.
As the kyat was indispensable for everyday transactions for the people in Myanmar, there was a steady demand for it even before the crisis. With the crisis making kyat-denominated bank deposits overly risky and virtually worthless (due to frozen accounts [ 22 ] and illiquidity of the banks), demand for kyat increased and supply of kyat decreased.
Exchange rates: kyats per US dollar – 1,205 (2008 est.), 1,296 (2007), 1,280 (2006), 5.82 (2005), 5.7459 (2004), 6.0764 (2003) note: unofficial exchange rates ranged in 2004 from 815 kyat/US dollar to nearly 970 kyat/US dollar, and by year end 2005, the unofficial exchange rate was 1,075 kyat/US dollar; data shown for 2003–05 are official ...
A gold shop in Thailand. The necklace chains are denoted by their weight in baht.. The tical is a unit of mass (or weight in the colloquial sense) historically used in Mainland Southeast Asia, particularly in the predecessor states of Myanmar, where it is known as the kyat (kyattha), and of Cambodia and Thailand, where it is known as the baht (bat).
Channel 9 is a Burmese free-to-air television channel. [1] It is operated by Shwe Thanlwin Media. Launched on 30 August 2013, the channel was broadcast only on Skynet DTH.On 15 May 2014, it was broadcast as free-to-air channel.
After the 2021 Myanmar coup d'état, the Burmese military junta began systematically cracking down on freedom of speech within the country. On 8 March, DVB—along with four other networks ( Myanmar Now , Mizzima News , Khit Thit Media , and 7Day News )—were banned by the junta. [ 2 ]