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From May 13, the central bank will start selling dollars through some money changers

From May 13, the central bank will start selling dollars through some money changers, according to money changer operators. The central bank has set the US dollar price at 1,645 kyat per dollar through some money changers.

The central bank will sell dollars at some money changers, according to money changer operators. On May 12, the central bank sold $ 6 million at a foreign exchange auction, with the average exchange rate for the auction being 1,650.6 kyats.

Monthly sales from January to December 2020 were $ 39.5 million in January 2020; $ 31.5 million in February; $ 21 million in March; $ 16.7 million in May; 39.1 million in June; $ 31.1 million in July; $ 35.6 million in August; $ 44.2 million in September; $ 43 million in October; $ 100,000 in November; It bought $ 7.8 million in December and $ 2.7 million in April 2020. It was resold in December 2020 for $ 3 million. It bought $ 1.8 million in January 2021.

Source: Daily Eleven

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