YANGON -- Even as banks take on a growing share of foreign exchange trading in Myanmar, black market dealers remain firmly entrenched, with the short-lived crackdowns by the government when the kyat moves too sharply doing little to root out the problem.
The building that houses the Yangon Stock Exchange was once a branch of the Reserve Bank of India, a relic of the British colonial era. Now it serves as a symbol of the modern economic system adopted by Myanmar with its transition to democracy.
