Myanmar’s central bank has officially introduced the Thai baht for international transactions, aiming to lessen the reliance on the USD after 2021’s coup-induced sanctions. The move is intended to facilitate easier international transactions and payments. Furthermore, Myanmar envisions a boost in rice exports due to constraints on Indian exports and increased prices in Thailand and Vietnam. The demand dynamics are anticipated to rejuvenate Myanmar’s rice exports, targeting USD 1 bln in annual earnings from rice export.