On July 10, the buying rate stood at Ks 4,390 per USD, while the selling rate reached Ks 4,470 per USD. This growing difference reflects ongoing stresses on the local currency due to limited dollar availability and strong demand from importers and remittance markets.
Gold prices increased notably, with the selling price reaching Ks 7,840,000 per kyattha on July 10, while the buying price stood at Ks 7,760,000 per kyattha. This upward movement reflects sustained local demand and influences from global gold market trends.
On the other hand, fuel prices declined slightly, offering mild relief for consumers. As of July 10: Octane 92 dropped to Ks 3,015 per litre, down from Ks 3,140 the previous week. Octane 95 fell to Ks 3,075, compared to Ks 3,210 last week. Diesel prices eased to Ks 2,635 per litre, and Premium diesel declined to Ks 3,265, marking a decrease of Ks 95 to Ks 135 across the board.