Day: November 7, 2019

US dollar exchange rate slides on low demand

US dollar exchange rate slides on low demand

The US dollar has been sliding against the Kyat in the local currency market, with the exchange rate touching a low of K1,513 per dollar on 6 November, a decline of about K17 from October-end, said money exchangers. At the end of October, the rate was pegged at K1,530. While the US dollar index was around […]

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CMP businesses import raw materials worth $160.7 mln

CMP businesses import raw materials worth $160.7 mln

Imports of raw materials by CMP businesses from 1 to 25 October in the current fiscal were valued at US$160.7 million, an increase of $12 million compared with the corresponding period of the previous financial year, according to the Ministry of Commerce. And export of finished industrial goods touched $477 million in 25 days of […]

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