THE Central Bank of Myanmar (CBM) sold over US$1.4 million, purchased from CMP companies, to edible oil-importing companies and over $11,400 to CMP companies on 6 July.
CBM sold over $595,500 to edible oil-importing companies on 3 July and over $114,400 to edible oil-importing companies and $39,600 to CMP companies, along with $3,700 worth of non-trade transactions on 2 July. CBM also sold $3.3 million to edible oil-importing companies and over $21,228 to CMP companies on 1 July. CBM injected over $35 million, purchased from CMP companies, into the foreign exchange market in June. 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. 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 injects foreign currencies into the foreign exchange market to regulate 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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