A Kanbawza Bank manager displays a brand new K10,000 note on June 15.
By Aye Thidar Kyaw and Aung Kyi
EXCHANGE rates for dollars and Foreign Exchange Certificates are surging upward following last week’s announcement that a K10,000 note would be released on June 15, sources said last week.
However, several sources said the fact that black market money changers were offering rates higher than the official currency exchange counters could block efforts to unify the different exchange rates. More…
