American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Use "kyat" in a sentence
"That could occur when officials record foreign payments for natural gas or other exports at the official rate of six kyat per dollar—greatly underestimating the payment's actual value in local terms—and then convert the money into kyat at the prevailing street rate."
"A recent weakening of the dollar against the kyat in street markets has made it tougher for Myanmar exporters to compete overseas, adding pressure for further market reform."
"The official government exchange rate is about six Myanmar kyat for every U.S. dollar, compared with roughly 800 kyat per dollar in public marketss—a gap that introduces a range of distortions to the Myanmar economy and makes it complicated to do business there."