The Central Bank of Myanmar has announced that it will sell US$10 million to importers in the foreign exchange market this week. Of the US$10 million to be sold by the Central Bank, more than US$1 million was sold to companies importing other goods on June 16.

Similarly, more than US$1.373 million in foreign exchange purchased from CMP companies at FX Market Online Trading was sold to companies importing edible oil. The Central Bank is selling foreign exchange through the FX Market Online Trading Platform, which also includes AD licensed banks, exporters and importers. The current foreign exchange trading rate on the FX Market Online Trading Platform is 3,615 kyats per US dollar, 132.75 kyats per Thai baht, and 548.24 kyats per Chinese yuan.