CBM to sell THB30M to importers, $23M to fuel oil importers

THE Central Bank of Myanmar (CBM) announced on 28 January that it would sell US$23 million to fuel oil-importing companies and 30 million baht to import­ers. CBM sold over $2.13 million to edible oil-importing companies on that day.

CBM sold over $3.3 million to edible oil-importing companies on 27 Janu­ary again, in addition to an injection of $430,000, 137,970 yuan and over 2.47 million baht into the market.

CBM sold over $3.29 million to edi­ble oil-importing companies on 26 Janu­ary, along with selling over 565,900 baht.

CBM sold over $1.96 million to ed­ible oil-importing companies and over $3.45 to fuel oil-importing companies on 23 January, after pumping over 4.88 million baht into the market.

CBM sold over $1.09 million to ed­ible oil-importing companies and over $452,000 to fuel oil-importing companies on 22 January, in addition to an injection of over 292,000 yuan and over 4.5 million baht into the market on that day.

CBM pumped $34 million, 11 million baht and 300,000 yuan into the market in December 2025.

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