![]() ![]() In Myanmar, the stronger kyat could result in traders facing more difficulties with exports. The Fed's key interest rate is now already near zero and its new policy has led to a steady weakening of the dollar against major currencies in the past week. ![]() ![]() Under its new policy, inflation should be above 2 percent for "some time" before the Fed would raise interest rates. On September 2, a week after the Federal Reserve announced a new strategy to boost employment and let inflation rise higher for longer than in the past, the kyat was trading at its strongest in six months, at K1322 per dollar. ![]()
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