Inflation increased to 19.5% in July—the latest month for which data is available—from 19.4% in June. Inflation continued to be fueled by a weak kyat. It is expected to moderate but remain high this year, driven by sustained money printing to finance the fiscal deficit and further currency depreciation.
Myanmar Exchange Rate (MMK per USD, aop) Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Exchange Rate (MMK per USD, aop) | 1 | 1 | 1 | 1 | 1 |