US dollar exchange rate hits the highest at Ks 1,323

The exchange rate stood at its highest point of Ks1,323 per US dollar on 19th November, according to the black market of foreign exchange , after reaching a 14-year record high on 18th November on global market. The dollar price has been on the rise for 10 consecutive days at the local foreign exchange market, […]

Industrial zone’s chairman blames electricity, soaring dollar prices for labour protests

Electricity failures in industrial zones and a hike in the exchange rates against the US dollars are the main reasons for labour protests, Hlaingthayar Industrial Zone chairman Myat Thin Aung said on Tuesday. He made the comment at the anniversary meeting with entrepreneurs of Hlaingthayar Industrial Zone held at the industrial zone’s administrative office on […]