THE Central Bank of Myanmar (CBM) announced on 21 March that it has pumped US$96 million into the fuel oil import sector so far in March.
The statement revealed the transaction amount on the FX Market Online Trading Platform, totalling $257.78 million, 103.7 million yuan, 826.42 million baht and 11.99 million rupees. CBM intervened in the market by injecting $3.84 million, 0.77 million yuan and 37.76 million baht this month.
The commodities purchased with foreign currency in the market include edible oil, fuel oil, fertilizer, pharmaceuticals and pharmaceutical raw materials, industrial raw materials, consumer goods, malt, animal feed, packaging materials, construction materials, bitumen, liquefied petroleum gas, vehicle/ motorcycle spare parts, engine oil, agricultural inputs, pesticides, household goods, telecommunications equipment, electronic devices, other goods, and non-trade transactions. — NN/KK
