The Central Bank of Myanmar announced on August 19 that it will sell $32 million to fuel oil entrepreneurs. The sale will be made through the foreign exchange market, but the date of the sale has not been announced.
On August 19, the Central Bank sold more than USD 300,000 from the foreign currencies it had purchased from CMP companies to companies importing edible oil, and more than USD 35,000 for non-trade payments.
In addition, the FX Market Online Trading Platform, which includes the Central Bank, AD-licensed banks and import-export entrepreneurs, also sold more than 300,000 Chinese yuan on August 19.
On August 19, the foreign exchange trading prices on the FX Market Online Trading Platform were 3,624 kyats per US dollar, 134.40 kyats per Thai baht and 555.30 kyats per Chinese yuan.
