THE Central Bank of Myanmar (CBM) sold US$1.18 million to edible oil-importing companies and over US$415,900 to fuel oil-importing companies on 11 August after purchasing the foreign currencies from com­panies working on a Cut, Make and Pack basis.

 

Furthermore, CBM inject­ed over 65,000 yuan into the market on that day. CBM also sold over US$348,000 to CMP companies and those who made non-trade payment transac­tions. Moreover, importers of refined sugar, pharmaceuticals, pharma raw materials, electri­cal devices, industrial raw ma­terials, construction materials, auto parts, motorcycle parts, telecommunication equipment, pesticides, tar and food com­modities.

 

CBM injected over 1.46 mil­lion yuan and over 930,300 baht on 8 August.

 

Additionally, CBM sold $701,120 to edible oil-importing companies and $361,921 to fuel oil-importing companies on the same day.

 

CBM sold over $1.665 mil­lion to edible oil-importing com­panies after the injection of over 56,000 yuan into the market on 7 August.

 

CBM also sold over $1.2 million to edible oil-importing companies and $590,000 to fuel oil-importing companies on 6 August after selling over 1.46 million yuan and 1.5 million baht into the financial market on that day.

 

CBM injected over 1.4 mil­lion yuan and one million baht into the financial market on 6 August after selling over $1.2 million into the edible oil-im­porting companies and over $590,500 to fuel oil-importing companies on that day.

 

CBM announced on 5 Au­gust that it would pump $30 million into the fuel oil sector.

 

CBM sold over $1.86 mil­lion purchased from CMP com­panies to edible oil-importing companies, in addition to an injection of 1.38 million yuan into the market on the same day.

 

CBM announced on 4 Au­gust that it would sell 10 mil­lion yuan and 50 million baht to importers.

 

CBM also sold over $1.08 million to edible oil importing companies and $620,200 to fuel oil-importing companies on that day.

 

CBM also pumped over $1.04 million into edible oil-im­porting companies and over $434,400 to fuel oil-importing companies on 1 August.

 

CBM sold $36.5 million pur­chased from companies working on a Cut, Make and Pack basis, in addition to the injection of $8.8 million, 13.3 million baht, 10.5 million yuan and 500,000 rupees in July. Furthermore, CBM sold over $2.3 million to other com­modities-importing companies as per its initial announcement of selling $10 million.

 

CBM sold $8.4 million, 13.9 million baht and 5.2 million yuan in June 2025, in addition to an injection of $14.9 million that was purchased from the CMP enterprises into the financial market.

 

CBM aims to curb 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