2021-03-04 03:06:01

Exclusive: U.S. blocked Myanmar junta attempt to empty $1 billion New York Fed account - sources

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Myanmar's military rulers attempted to move about $1 billion held at the Federal Reserve Bank of New York days after seizing power on Feb. 1, prompting U.S. officials to put a freeze on the funds, according to three people familiar with the matter, including one U.S. government...