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April 01 2024. (Monday)

We see that the military council is taking action against famous gold shops because the price of gold is rising. This will not have any effect on the market. Prices will rise until Thingyan.

April 1, 2024
in Junta Diary
Reading Time:1 min read
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Today is April Fools Day. In the domestic economic market, one US dollar is around 3,900 kyats, and one kyat (local system weight) gold is rising to more than 4,500,000 kyats. This news is not April Fool. It’s happening in the real market. The world gold price is showing an upward trend; Due to the instability of the domestic political and military situation, prices are only going to rise again. We can’t live as if the price of gold and the dollar are rising. Prices are rising. We see that the military council is taking action against famous gold shops because the price of gold is rising. This will not have any effect on the market. Prices will rise until Thingyan.

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