The central bank order instructed holders of foreign currency accounts in Myanmar to open new accounts to convert funds into kyats (pronounced CHUHTs). People earning foreign currency are supposed ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Zeya says he was told he would receive 7.5m Myanmar kyats. This has been worth somewhere between $1,700 and $2,700 over the past couple of years - the unofficial exchange rate has fluctuated since the ...