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

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 official.

Source: Exclusive: U.S. blocked Myanmar junta attempt to empty $1 billion New York Fed account – sources | Reuters