Dollar prices, which had gone up due to the inclusion of FATA’s names in the ballot, returned to their previous rates today. In fact, the news has nothing to do with the rise of the dollar. In Burma, greedy businessmen are lurking just to raise the price of something. When the news came out, it was a weekend, so it was a little comforting.
However, due to the list of names, Myanmar’s economy, which is already not doing well, will be seriously affected in the long run. Businessmen will have a lot more work to do because they will be checking the money changes step by step. Therefore, foreign investment will not come at all. The remaining foreign investment in the country is about to run out. The value of the Myanmar kyat has not fallen immediately, but it will gradually fall due to the increased demand for dollars. It will be like giving a boost to the currently declining Myanmar economy. The inclusion of FATA’s names in the electoral roll will not only affect the military council but the entire people.
