Burma economy set to receive boost from currency float


Burma has begun the process of floating its currency, in what's been the strongest economic reform yet since the civilian government took over from the military last year.

The move should bring an end to a divided system of foreign exchange rates in Burma - an official rate and a widespread black market rate.

It comes as supporters of Burma's opposition icon Aung San Suu Kyi said she won a parliamentary seat in a landmark election on Sunday, which would allow her to take public office for the first time.

But will the currency float help the Burmese economy? The BBC's Sharanjit Leyl asked Sean Turnell from Macqurie University in Sydney.