The dollar and gold prices have risen for two days in a row since yesterday. Rates that have never been seen in history. The military council is arresting foreign dollar traders and gold entrepreneurs are still being summoned to Nay Pyi Taw, and the prices are soaring. Some speculate that one dollar will go up to five thousand kyat. No one trusts the Myanmar kyat anymore.
In the evening, the military council announced that two hundred million dollars would be released to the market. I don’t know how to add it. He even said that he would produce and sell gold coins. No one knows yet at what price it will be sold. Most of them no longer believe what the military council said. How effective the military council is in trying to control the rising market depends on tomorrow’s answer.
