The Central Bank of Myanmar (CBM) has been injecting US dollars into the edible oil-importing companies, with over $2.89 million on 3 June, $1.79 million on 2 June and over $646,800 on 1 June, respectively.
Moreover, CBM sold $3,003 to CMP companies on 3 June after making a $48,250 valued non-trade transaction. CBM also sold over 26,400 on 2 June and over $46,000 to CMP companies on 1 June, along with $33,255 worth of non-trade transactions.
CBM pumped over $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 forex 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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