It is learned that the military council will no longer sell oil to the big businessmen importing fuel at the price set by the central bank of 1,100 kyats. Therefore, the entrepreneurs who will import fuel will have to find the million dollars they will import on their own with an external price of about 3,500 kyats. Also, the military council announced yesterday that they had released the dollar they controlled. Besides, you can buy and sell as you like in the market. But it’s not like giving up the dollar price completely. 30 percent of the income from exports will be required to be paid to the central bank at the price of 2,100 kyats set by them. They will squeeze as much as they can get from exporters. No matter what statements are made, the military council, which is facing blows from all sides, has given up its job of setting the reference price for US dollar transactions, 3 years after the coup. It’s the meaning of what you want to be in the market. They have nothing to sell. In the past few days, it was not long ago that they said that they would no longer be able to provide fuel quotas to industrial zone operators. Now, even those who support the military, especially those who import fuel, cannot sell dollars. This is a sign that the end is near.
