THE Central Bank of My­anmar (CBM) pumped over US$8,400 into CMP companies on 7 July.

 

On 6 July, CBM sold over $1.4 million purchased from CMP companies to edible oil importers, along with more than $11,400 to CMP firms.

 

On 3 July, CBM sold over $595,500 to edible oil importers, while on 2 July it provided more than $114,400 to edible oil im­porters, $39,600 to CMP companies, and $3,700 for non-trade transactions.

 

Earlier, on 1 July, CBM sold $3.3 million to edible oil importers and more than $21,228 to CMP companies.

 

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.

 

The Central Bank of Myanmar has authorized private banks to freely conduct online foreign exchange trading at mar­ket rates, based on supply and demand, effective 5 December 2023. — NN/KK