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Military junta blames bankers for economic crisis, Kyat plummets further

juli 14, 2024by Reacties uitgeschakeld voor Military junta blames bankers for economic crisis, Kyat plummets further

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NAYPYITAW, Myanmar – Senior junta officials have reprimanded the country’s top bankers at a much-anticipated meeting, accusing them of inflicting inflation on Myanmar and causing the country’s currency to plummet as the country’s financial crisis entered a new, potentially irreparable stage.

Sources described the meeting in Naypyitaw as “one-sided,” with only junta officials speaking and present bankers being fo

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