Myanmar Currency Crunch Cripples Exporters, Risks Crisis

Industrial Metals

CNBC reports the Burmese economy is crippled as the kyat becomes more inflated causing commodities to rise.

CNBC reports the Burmese economy is crippled as the kyat becomes more inflated causing commodities to rise.

The market news is quoted as saying,

FDI from April to June was 43.1 trillion rupiah ($5 billion), spread across the country. In a quarter when gold // <![CDATA[// and tin prices hit records , mining led the way with $1.5 billion, followed by chemicals, machinery, electronics and transport.

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