date:Oct 31, 2019
The Thai baht has reached a six-year high against the US dollar, now hovering at around 30.2 per dollar. Thailand is the second largest trading partner of Myanmar, with trade volumes during fiscal 2018-19 amounting to US$3.8 billion, according to government data.
Just this month, the Central Bank of Myanmar and Bank of Thailand signed a memorandum of understanding to promote the use of the kyat and baht for trading at the border, according to an October 21 statement issued by the Bank of Thaila