THE Central Bank of Myanmar (CBM) sold over US$44.84 million, 61 million baht and 700,000 yuan in March 2026.
CBM has been continuously injecting US dollars into the edible oil and fuel oil import sector. CBM injected over $35 million, 34 million baht and over three million yuan in the foreign exchange market in February and over $43 million, 65 million baht and over four million yuan in January 2026.
CBM injected foreign currencies into the market, with a view to curbing 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
