CBM pumps over THB3.4M into forex market
THE Central Bank of Myanmar (CBM) injected over 3.4 million baht into the foreign exchange market along with sales of over US$938,000 to edible oil-importing countries on 20 January.
The Central Bank of Myanmar (CBM) sold over $1.75 million to edible oil-importing companies on 19 January, in addition to an injection of $700,000 and over three million baht.
CBM announced on 16 January that it would sell 30 million baht to the importers.
CBM sold over $1.83 million to edible oil-importing companies and $470,500 to fuel oil-importing companies on that day after an injection of over 4.8 million baht on 16 January.
CBM injected over $1.5 million into edible oil-importing companies and over $2 million into fuel oil-importing companies on 15 January, along with sales of $844,000 and over 7.35 million baht.
CBM announced on 14 January that it would sell $25 million to those engaged in the fuel oil sector. Furthermore, CBM sold over $1.3 million to edible oil-importing companies, in addition to an injection of over 1.88 million baht into the market on the same day.
CBM sold over $1.39 million to edible oil-importing companies on 13 January 2026 after injection of over 965,550 yuan and over three billion baht into the market.
CBM sold $50,000 to edible oil-importing c ompanies on 12 January 2026, along with an injection of 659,000 yuan and over 2.18 million baht.
CBM pumped $34 million, 11 million baht and 300,000 yuan into the market in December 2025.CBM made the injection of over $21 million, 2.4 million yuan and 1.5 million baht in November and over $2.48 million, 5.75 million yuan and 4.98 million baht in October, along with sales of over $54 million purchased from CMP companies.
CBM aims to curb the instability in the foreign exchange market and currency devaluation. According to CBM’s notification on 15 March 2024, it has been collaborating with law enforcement agencies to combat and prosecute those who attempt to manipulate the currency market under the existing laws. CBM allowed authorized dealers (private banks) to operate online foreign exchange trading freely as per the market rate, depending on supply and demand, starting from 5 December 2023. — NN/ KK
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