CBM sells over US$51M, THB1.2M in May
THE Central Bank of Myanmar (CBM)
pumped over US$51 million and 1.2 million baht into the foreign exchange
market in May.
CBM transacted over $70 million and 28.8
million baht in April and over $44.84 million, 61 million baht and 700,000 yuan
in March 2026.
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 has injected foreign currencies into
the foreign exchange market and the edible oil and fuel oil import sector,
with a view to curbing the instability in the foreign exchange market and
currency devaluation and maintaining market stability. 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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