Myanmar's central bank orders
ติดตั้งเกมสล็อตauthorized banks Notify business and retail customers suspend payment of both principal and interest to foreign creditors to maintain the continued decline in foreign exchange reserves
On July 18, 2022, Bloomberg reported that Myanmar's central bank ordered companies and retail borrowers to suspend repayment of foreign loans. in a letter sent by the central bank to a bank that has been licensed to operate foreign exchange specifies that banks and customers suspend payment of interest and principal borrowed from abroad
such an order It is the latest situation that the Bank of Myanmar has issued an order. as a measure to protect foreign exchange reserves that have decreased
Win Tho, deputy governor of the Central Bank of Myanmar, said in a letter sent to a bank that has received a foreign currency trading license. To suspend the payment of interest and principal of foreign currency loans. received both in cash and similar to cash
The order also stipulates that licensed banks must inform customers with foreign debt to adjust repayment schedules with foreign creditors.
Bloomberg stated that There is information indicating that Foreign companies in Myanmar have borrowings in foreign currencies of at least USD 1.2 billion (approximately 42,000 million baht).
