The third round of foreign bank licensing will be initiated and opened to foreign banks with representative offices in Myanmar.
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1,331.1
CBM announces daily Reference Exchange Rate every working day at 4:00 PM, based on deals between 9:00 AM and 3:00 PM.
MMK Exchange rate for other currencies are available here (forex.cbm.gov.mm)
FX Market Data
Reserve Position
NEER & REER
Maximum Bank Lending Rate (Secured)
Maximum Bank Lending Rate (Unsecured)
10%pa
14.5%pa
Source :
Ministry of Planning, Finance and Industry