Nationwide war disaster During the flood, the economic situation is not very good. The military council is going to increase the salaries of state employees and retired employees by 30,000 MMK starting next month. Due to this news, the value of Myanmar Kyat fell further. While the military council itself is tight, the staff will be given a raise, so there is no other way but to print more paper money. The value of the kyat, which is currently falling, is getting worse. The dollar, which rose to 5,000 kyats at the beginning of this month, fell back to 4,600 kyats, but rose to 5,600 kyats after the news of a salary increase. These days, the rate is about 100 kyats per day. The price of gold has exceeded 60,000 per kyat (Myanmar Usage). I had never even thought about one dollar over 5,000 kyats. The price of the dollar and the price of gold have been going up and down since the military coup.
