THE Central Bank of My­anmar (CBM) continues to inject US$2.6 million into edible oil-importing com­panies on 9 June.

 

CBM also sold over $3.6 million to edible oil-im­porting companies and $51,210 to CMP companies on 8 June, along with an over $380 valued non-trade transaction.

 

CBM sold $3 million, purchased from CMP com­panies, to LNG-importing companies on 5 June. CBM sold over $109,300 to CMP companies and $3 million to LNG companies on 4 June, along with $1,650 worth of non-trade trans­actions.

 

CBM has been inject­ing US dollars into the ed­ible oil-importing compa­nies, with over $2.9 million on 4 June, over $2.89 mil­lion on 3 June, $1.79 million on 2 June and over $646,800 on 1 June, respectively.

 

Moreover, CBM sold $3,003 to CMP companies on 3 June after making a $48,250 valued non-trade transaction. CBM also sold over 26,400 on 2 June and over $46,000 to CMP com­panies on 1 June, along with $33,255 worth of non-trade transactions.

 

CBM pumped over $51 million and 1.2 million baht into the foreign exchange market in May.

 

CBM injected over $35 million, 34 million baht and over three million yuan into the foreign exchange mar­ket in February and over $43 million, 65 million baht and over four million yuan in January 2026.

 

CBM has injected for­eign currencies into the foreign exchange market and the edible oil and fuel oil import sector, with a view to curbing the instabil­ity in the foreign exchange market and currency de­valuation and maintaining market stability. 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