Dollar Exchange Rate Climbs, Shakes Up Burma’s Business Community

RANGOON — The US dollar exchange rate—at its highest since the new government came to power in April—has Burma’s business community looking for better trade policy. “In the black market, the exchange rate is currently 1306 kyats [US$1] per dollar; it’s too high for importers. If the import demand increases, it could impact the prices […]

Market slows but no bursting bubble

Subscribe to our Myanmar Property Mailing List and get notified immediately whenever we have a new report Real estate experts are backing away from their bullish stances of a year ago, expecting a quieter market for 2015. While prices for most Yangon real estate may hold steady or decline somewhat in the year ahead, industry […]