The Republic of the Union of Myanmar

Central Bank of Myanmar

AML/CFT

In exercise of the power conferred by sub-section (a) of section 72 of the Counter Terrorism Law, the Ministry of Home Affairs issues the Rules with the approval of the Union Government in order to perform the prevention and suppression of offences relating to financing of terrorism.

In exercise of the power conferred by sub-section (a) of section 69 of the Anti-Money Laundering Law, the Ministry of Home Affairs issues the following Rules with the approval of the Union Government. 

The Pyidaungsu Hluttaw hereby enacts The Anti-Money Laundering Law (The Pyidaungsu Hluttaw Law No.11, 2014), on 14.3.2014. 

The Pyidaungsu Hluttaw hereby enacts The Counter Terrorism Law (The Pyidaungsu Hluttaw Law No.23, 2014), on 4.6.2014.

Weighted-average (WA) Market Exchange Rate

MMK per USD - Date 2nd December 2020

Reference Exchange rate
(WA market rate)
1,323.4
Interbank Market WA rate 1,323.9
Bank-customer Market WA rate

1,322.7

CBM announces daily Reference Exchange Rate every working day at 4:00 PM, based on deals between 9:00 AM and 3:00 PM.

  • Methodology on determination of Reference Exchange Rate is available here

MMK Exchange rate for other currencies are available here (forex.cbm.gov.mm)

Interest Rate(%)
Central Bank Rate 7%pa
Minimum Bank Deposit Rate 5%pa

Maximum Bank Lending Rate (Secured)

Maximum Bank Lending Rate (Unsecured)

10%pa

 

14.5%pa

Economic Indicators (%)
GDP Growth Rate
2018-2019 FY
(October to September)
6.80 %
Annual Rate of Inflation
(August 2020)
6.43 %
Year on Year Inflation
(August 2020)
1.84 %

     Source : Ministry of Planning and Finance