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(April 8, 2022) Shooting of Myanmar central banker shows new forex-rule backlash

Than Than Swe, 55, a deputy governor of the Central Bank of Myanmar, was shot at close range by two armed assailants at her home in Yangon on Thursday morning. It was still unclear on Friday whether she had survived the attack although sources close to the central bank told Nikkei Asia that she was in "critical condition" at a military hospital in Yangon.

The attack came days after the Central Bank of Myanmar issued orders that all foreign currency inflows, including those in U.S. dollars, must be converted within one day of entering the country by licensed banks at a fixed rate of 1,850 kyats to the dollar, almost 10% below the unofficial market rate of about 2,050 to the dollar.

asia.nikkei.com/Spotlight/Myanmar-Crisis/Shooting-of-Myanmar-central-banker-shows-new-forex-rule-backlash


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