Covid Economy

Kyaw Thu
6-10-2020

Objective of the Study

To explore the impact of SARS CoV 2 to FX volatility

  • the FX rate of USD and MMK
  • The Fatality and Recovery of MMR (Feb- Oct, 2020)

FX Plot (USD MMK): Aug-Oct, 2020

[1] "USD/MMK"

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Covid19 Fatality:Feb-Oct,2020

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Findings

FX rate of Myanmar currency (MMK) to USD shows a deep decline trend and the fatality rate of the Covid19 start rising since the September, 2020.

The recovery rates dive under the control line.