CBM Injects Foreign Currency to Stabilize Exchange

The Central Bank of Myanmar (CBM) has actively injected foreign currencies into the market throughout June 2025 to stabilize the foreign exchange rate and combat currency devaluation. In particular, CBM focused its sales on essential import sectors, including edible oil, fuel, and general commodities. CBM injected US$1.479 million in edible oil importers on 25 June, using funds from Cutting, Making, and Packaging (CMP) companies.A day earlier, on 24 June, over US$870,000 and 700,000 yuan were sold to similar firms.CBM announced on 23 June to pump US$30 million into the fuel oil sector. CBM sold $464,500 to edible oil importing companies and over $496,000 to commodity-importing companies on that day after injection of over 16,540 yuan into the market. CBM sold over $600,000 and 387,000 yuan on 20 June. Furthermore, it sold $800,000 to edible oil-importing companies and over $503,000 from its designated injection into commodity-importing companies.

Source: The Global New Light of Myanmar

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