The Central Bank of Myanmar (CBM) sold over US$1.04 million to edible oil-importing companies and over $434,400 to fuel oil-importing companies on 1 August.

CBM sold over $1.247 million to edible oil-importing companies and $230,000 to fuel oil-importing companies on 31 July, in addition to an injection of 771,953 baht on 31 July.

CBM sold over $123,900 and 600,000 yuan on 30 July. Additionally, CBM also sold $700,000 to edible oil-importing companies and $380,270 to fuel oil-importing companies.

CBM pumped $413,223 and 222,411 baht into the financial market on 29 July. Furthermore, CBM sold over $965,200 to edible oil-importing companies and $200,000 to fuel oil-importing companies on 29 July.

CBM announced on 28 July that it would sell $30 million to fuel oil businesspeople.

CBM sold over $354,900 to fuel oil-importing companies in addition to an injection of 1.184 million yuan on 28 July.

CBM sold over $1.29 million to edible oil-importing companies and $485,266 to fuel oil-importing companies on 25 July again.

CBM sold over $1.345 million, which were purchased from companies working on a Cut-Make and Pack basis, to edible oil-importing companies on 24 July.

CBM sold over $2.36 million to edible oil-importing companies and $320,700 to fuel oil-importing companies on 23 July 2025.

CBM announced on 22 July that it would sell $27 million to those engaged in the fuel oil industry and 130 million baht to importers. CBM injected $660,000 and 474,900 yuan on 22 July into the financial market after sales of over $3 million to edible oil-importing companies.

CBM injected $14.9 million purchased from companies working on a Cut-, Make and Pack basis into the financial market in June, in addition to sales of over $8.4 million, over 13.9 million baht and over 5.2 million yuan.

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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