The Republic of the Union of Myanmar

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Activities of Interbank Foreign Exchange Market for 8.7.2019

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Weighted-average (WA) Market Exchange Rate

MMK per USD - Date: 18th October 2019

Reference Exchange rate
(WA market rate)
1,533.1
Interbank Market WA rate 1,533.2
Bank-customer Market WA rate 1,532.9
  • 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 10%pa
Minimum Bank Deposit Rate 8%pa

Maximum Bank Lending Rate (Secured)

Maximum Bank Lending Rate (Unsecured)

13%pa

 

16%pa

Economic Indicators (%)
GDP Growth 6.50 %
Annual Rate of Inflation 8.35 %
Year on Year Inflation 10.87 %

     Source : Ministry of Planning and Finance