Minister warns of economic and monetary market fake information
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NP News – Aug 30
As the country has been facing turmoil situations in multi-sectors, intentional disinformation and misinformation especially with respect to forex rate, gold price, and banknotes have been spreading through social media very frequently.
The Union Minister of the Ministry of Commerce Aung Naing Oo notified the public to be aware of unusual disinformation regarding the economic and monetary market.
He notified this on August 28 via his social media page.
“We have observed that unusual disinformation regarding economic and monetary market has been intentionally spreading many times over,” the minister said.
These days, a fake meeting resolution has been spreading which says traders who manipulate the forex rate will be arrested; the Central Bank sets the forex rate at 2700 MMK per dollar; and authorities set the gold price as 2.5m as the ceiling price. Again, the fake letter says all imports except pharmaceuticals and medicines will be suspended; petrol fuel will be imported only from Russia; the Russian ruble will be substituted in USD; and trades between Russia, India, and China will be boosted.
The minister clarified the abovementioned letter is a fake that tries to deceive the public.
Official announcements will be released to the public via the ministry website, the minister said.
zawgyi version
Minister warns of economic and monetary market fake information
NP News – Aug 30
As the country has been facing turmoil situations in multi-sectors, intentional disinformation and misinformation especially with respect to forex rate, gold price, and banknotes have been spreading through social media very frequently.
The Union Minister of the Ministry of Commerce Aung Naing Oo notified the public to be aware of unusual disinformation regarding the economic and monetary market.
He notified this on August 28 via his social media page.
“We have observed that unusual disinformation regarding economic and monetary market has been intentionally spreading many times over,” the minister said.
These days, a fake meeting resolution has been spreading which says traders who manipulate the forex rate will be arrested; the Central Bank sets the forex rate at 2700 MMK per dollar; and authorities set the gold price as 2.5m as the ceiling price. Again, the fake letter says all imports except pharmaceuticals and medicines will be suspended; petrol fuel will be imported only from Russia; the Russian ruble will be substituted in USD; and trades between Russia, India, and China will be boosted.
The minister clarified the abovementioned letter is a fake that tries to deceive the public.
Official announcements will be released to the public via the ministry website, the minister said.