CBM transacts US$44.84M, THB61M, CNY700K in Mar

 

THE Central Bank of Myanmar (CBM) sold over US$44.84 mil­lion, 61 million baht and 700,000 yuan in March 2026.

 

CBM has been continuously injecting US dollars into the edi­ble oil and fuel oil import sector. CBM injected over $35 million, 34 million baht and over three mil­lion yuan in the foreign exchange market in February and 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