The Central Bank of Myanmar (CBM) sold over US$2.48 million to edible oil-importing companies on 20 April, along with a transaction of 3.86 million baht in the foreign exchange market.
CBM sold three million baht in the foreign exchange 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 has been continuously injecting US dollars into the edible oil import sector, with $750,000 on 8 April, in addition to transactions of 3.3 million baht.
CBM sold over $1.22 million to edible oil-importing companies on 7 April.
CBM sold over $2.99 million to edible oil-importing companies and $260,000 to fuel oil-importing companies on 6 April, in addition to a transaction of $279,000.
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
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