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    Home ASIA-PACIFIC Myanmar

    CBM to sell US$1.99M to edible oil, CMP companies

    The Analyst by The Analyst
    May 8, 2026
    in Myanmar
    CBM to sell US$1.99M to edible oil, CMP companies



    • May 08, 2026


    • Nyein Nyein

    • 79

    8 5 2026 sgtry 24

    US dollars being counted at a money changer in Yangon.

    The Central Bank of Myanmar (CBM) sold over US$1.73 million to edible oil-importing companies and over $253,000 to CMP companies on 6 May.
    CBM announced on 5 May that it would inject $135.31 million into fuel oil businesses. CBM sold over $1.9 million to edible oil-importing companies and over $25,791.53 to CMP companies on 5 May on the same day.
    CBM sold over $3.35 million to edible oil-importing companies and $2 million to LNG- importing companies on 4 May, along with a transaction of 1.2 million baht in the foreign exchange market.
    CBM sold over $3.6 million to edible oil-importing companies and $234.487 to CMP companies on 29 April, in addition to the transaction of over 6.2 billion baht in the market.
    CBM sold over $4.78 million to edible oil-importing companies, and $5 million to LNG-importing companies and over $168,400 to CMP companies on 28 April.
    CBM sold over $4.6 million to edible oil-importing companies and over $13,400 to CMP companies on 27 April, along with transactions of over 2.3 million baht in the market.
    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

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