CBM sells over US$4M to edible oil, LNG-importing companies

CBM sold over $2.22 million to edible oil importing companies on 21 April, in addition to transactions of over three million baht in the market.

CBM has been continuously inject­ing US dollars into the edible oil import sector, with $2.48 million on 20 April, along with a transaction of 3.86 million baht in the foreign exchange market.

CBM sold three million baht in the forex market, in addition to an injection of $881,250 to edible oil-importing com­panies on 10 April.

CBM announced on 9 April that it would inject $49 million into the fuel oil sector and $8.16 million into edible oil businesses. CBM made transactions of over 2.39 million baht on that day, in ad­dition to sales of $1.36 million to edible oil-importing companies and $1 million to fuel oil-importing companies.

CBM sold over $35 million, 34 mil­lion baht and over three million yuan in February. CBM sold over $43 million, 65 million baht and over four million yuan in January 2026.

CBM injected foreign currencies into the market, with a view to curbing 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