Name: | MoneyGram |
Type: | Money Transfer Operator |
Data collected on: | Sep 06, 2022 |
Note: | Since February, the Myanmar Kyat continued to weaken against the dollar. Parallel market rates can be significantly different than official rates. In August 17, the exchange rate USD:MMK spiked to 1805 in the parallel market versus 1676 in the official market. This may account for negative FX margins. |