Myanmar's central bank distributed more than $712,900 to edible oil importers and over $472,000 to fuel oil importers on September 29 after adding $25,230 to currency markets. The institution sold $943,600 to edible oil companies and $622,500 to fuel oil businesses on September 26, alongside yuan transactions exceeding 627,500. Officials allocated $826,100 and $534,700 to respective sectors on September 25 while announcing a $22 million fuel sector injection on September 23.
The Central Bank of Myanmar moved more than $1 million alongside 11 million yuan and four million baht during August. Authorities purchased over $32 million from garment manufacturers operating under cut-make-pack arrangements for market injection. The bank permits authorized dealers to conduct online foreign exchange trading at market rates since December 2023 while working with law enforcement against currency manipulation under existing regulations.
The Central Bank of Myanmar moved more than $1 million alongside 11 million yuan and four million baht during August. Authorities purchased over $32 million from garment manufacturers operating under cut-make-pack arrangements for market injection. The bank permits authorized dealers to conduct online foreign exchange trading at market rates since December 2023 while working with law enforcement against currency manipulation under existing regulations.
