The Republic of the Union of Myanmar

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CHAPTER XI Offence and Penalty

87. Whoever violates any provision of section 84 shall, on conviction be punished with fine which may extend to kyats 5,000.

88. A member, personnel or agent of the Central Bank who violates the provision of section 85 shall, on conviction be punished with, fine which may extend to kyats 10,000 or with imprisonment for a term which may extend to 2 years or with both.

89. Whoever violates the provision of section 86 shall, on conviction be punished with imprisonment for a term which may extend from a minimum 5 years to a maximum of 10 years. In addition, the exhibits shall also be confiscated.

90. Whoever abets, attempts, or conspires in the commission of any offence under this Law shall be liable to the punishment provided in this Law for such offence.

 

Date : 20th Oct 2017

 

1362.0 / USD

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Source : forex.cbm.gov.mm

Interest Rate(%)
Central Bank Rate 10% pa
Minimum Bank Deposit Rate 8%pa
Maximum Bank Lending Rate 13%pa
Economic Indicators (%)
GDP Growth 5.90 %
Annual Rate of Inflation 4.70 %
Year on Year Inflation 2.40 %

     Source : Ministry of Planning and Finance