THE Central Bank of Myan­mar (CBM) announced on 8 November that it would inject US$30 million into the fuel oil sector. Furthermore, CBM sold $698,900 to edible oil-importing companies on that day.

CBM also sold $600,000, purchased from CMP compa­nies, to edible oil-importing companies on 7 November.

CBM sold $2.37 million to edible oil-importing companies on 6 November, along with an injection of $58,400 and 400,000 yuan into the market.

CBM sold $2.44 million, pur­chased from CMP companies, to edible oil-importing compa­nies on 5 November, in addition to an injection of over 1.544 mil­lion baht into the market.

CBM sold $1.137 million to edible oil-importing companies and over $75,900 to fuel oil-im­porting companies on 31 Octo­ber, in addition to an injection of $40,000 and 1.299 million yuan into the market.

CBM sold over $1.477 mil­lion to edible oil-importing companies and $902,400 to fuel oil-importing companies on 30 October 2025.

CBM injected over $2.48 million, 5.75 million yuan and 4.98 million baht in Oc­tober, along with sales of over $54 million purchased from CMP companies. 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