Comment on Myanmar, Asia's new tiger economy, fears currency slide as Fed hike looms

Myanmar, Asia's new tiger economy, fears currency slide as Fed hike looms

Myanmar's central bank is braced for a deeper slide in the nation's currency and has little scope to tackle the decline after the kyat fell the most in Asia, according to one of the monetary authority's top officials. The kyat has weakened about 10 percent against the dollar in the past six months,...

 

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