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