The Republic of the Union of Myanmar

Central Bank of Myanmar

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Notification of Award for MIS Reporting System Application

Republic of the Union of Myanmar

Central Bank of Myanmar

Myanmar Financial Sector Development Project

PROJECT ID: P154389

Bid/Contract Reference No: CBM/NC - 3

Scope of Contract: MIS Reporting System Application
Evaluation Currency: MMK - Myanmar Kyat

Awarded Bidder(s): Name: Myanmar Information Technology Pte.,Ltd
Address: MICT Park, Block 3, Room 2-4, Hlaing University Compus Road, Hlaing Township, Yangon
Country: Myanmar

Bid Price at Opening : MMK 300,000,000

Evaluated Bid Price  : MMK 300,000,000

Contract Price         : MMK 300,000,000

Weighted-average (WA) Market Exchange Rate

MMK per USD - Date: 22nd October 2019

Reference Exchange rate
(WA market rate)
1,535.3
Interbank Market WA rate 1,536
Bank-customer Market WA rate 1,534.2
  • 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