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Exchange Rate Individual Documents Title:   Economic Anomalies Date of publication:   08 January 2003 Description/subject:   January 08, 2003—"During Burma’s time as a Socialist state, citizens were prevented by foreign exchange proceed laws to possess any foreign currency. Minor adjustments were made to this situation after 1988 when the military junta allowed a number of businessmen to open foreign currency accounts at two state-owned banks: the Myanma Foreign Trade Bank (MFTB) and the Myanma Investment and Commercial Bank (MICB)..." Author/creator:   Danu Maung Language:   English Source/publisher:   "The Irrawaddy" Commentary Archive Format/size:   html (12K) Date of entry/update:   03 June 2003 Title:   Foreign Exchange Certificates: Who Really Benefits? Date of publication:   June 1997 Author/creator:   Kyi May Kaung Language:   English Source/publisher:   "Burma Debate", Vol. IV, No. 2 Format/size:   html Date of entry/update:   03 June 2003 Title:   Kyat Reaches New Low Description/subject:   Burma's national currency has stabilized after reaching an all-time low of around 395 kyat to the US dollar in mid-August. The kyat, which has been under pressure since civil servants received a pay increase of more than 500% in April, recovered to around 385 kyat to the dollar by late August, after briefly testing the 400 kyat per dollar level. Source/publisher:   "The Irrawaddy", Vol. 8. No. 8, August 2000 Date of entry/update:   03 June 2003 Title:   Kyat Turmoil Date of publication:   August 1997 Description/subject:   In July the Burmese kyat declined from 185 to 280 to the US dollar. Then, it fell to 300 kyat. Language:   English Source/publisher:   "The Irrawaddy", Vol. 5. No. 4-5, Format/size:   html Date of entry/update:   03 June 2003 Title:   Spectre of ‘88 Hangs Over Currency Woes Date of publication:   February 2001 Description/subject:   "The steady fall of Burma’s currency, the kyat, and the widening gap between the value of the US dollar and the dollar-denominated Foreign Exchange Certificate (FEC) have raised the possibility of renewed unrest in the military-run country..." Language:   English Source/publisher:   "The Irrawaddy", Vol. 9. No. 2 (Business section) Format/size:   html Date of entry/update:   03 June 2003