THE Central Bank of Myanmar (CBM) announced on 16 June that it would sell US$10 million to importers.
CBM pumped over $1 million into the financial market. Additionally, it sold $1.37 million from the companies working on a Cutting-Making and Packaging basis to edible oil importing companies and over 1.05 million to importers of other goods on 16 June.
CBM injected over 1.7 million baht into the financial market on 13 June, in addition to sales of over $1 million from CMP companies to fuel oil importing countries.
CBM sold $1.3 million that were bought from CMP companies, to fuel oil importing companies on 12 June 2025.
CBM sold over 290,000 yuan and one million baht on 11 June. Moreover, CBM sold $1.096 million which was bought from CMP companies, to fuel oil importing companies on that day.
CBM pumped over 400,000 yuan on 9 June, over $501,000 on 6 June and 364,400 yuan on 5 June into the foreign exchange market.
CBM announced on 4 June that it would sell US$30 million to fuel oil importers. CBM pumped US$422,000, 345,850 yuan and over 2.1 million baht on that day into the forex market.
CBM injected over 600,000 yuan and 2.6 million baht on 3 June, 579,900 yuan and 4.7 million baht on 2 June, over 610,000 yuan and 2.4 million baht on 30 May after sales of 4.3 million baht on 28 May into the financial market.
CBM announced on 27 May that it would sell $30 million to fuel oil importers.
CBM aims to curb the instability in the foreign exchange market and currency devaluation. According to CBM’s notification on 15 March, 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
