The Republic of the Union of Myanmar

Central Bank of Myanmar

Photo Gallery

Video Gallery

Announcement for the New round of Foreign Bank Licensing in the Republic of the Union of Myanmar

The third round of foreign bank licensing will be initiated and opened to foreign banks with representative offices in Myanmar.

Read more

Weighted-average (WA) Market Exchange Rate

MMK per USD - Date:10th August 2020

Reference Exchange rate
(WA market rate)
1,365.0
Interbank Market WA rate 1,366.2
Bank-customer Market WA rate

1,363.2

  • 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 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
(May 2020)
8.35 %
Year on Year Inflation
(May 2020)
4.21 %

     Source : Ministry of Planning and Finance