Thailand, Myanmar agree to use baht, kyat for cross-border payments
Veerathai Santiprabhob, governor of the Bank of Thailand, and his Myanmar counterpart U Kyaw Kyaw Maung, signed two memoranda of understanding (MoU) on October 18 during the IMF-World Bank meeting in the US.
The signing was witnessed by Myanmar’s Minister for Planning and Finance U Soe Win, according central bank statement on October 21.
The Nation Reporter
