The Republic of the Union of Myanmar

Central Bank of Myanmar

Directive for the CDD Measures

In exercising the power set out in the Section 69(c) of the Anti-Money Laundering Law and Section 40 of the Central Bank of Myanmar Law, the Central Bank of Myanmar issues the Directive on Customer Due Diligence related to the Anti-Money Laundering and Counter-Financing of Terrorism to the banks licensed and supervised by the CBM.

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MMK per USD - Date 3rd August 2021

Reference Exchange Rate
(CBM Auction Rate)
1650.0

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
2019-2020 FY
3.20 %
Annual Rate of Inflation
(February 2021)
2.61 %
Year on Year Inflation
(February 2021)
1.51 %

    Source :

    Ministry of Planning, Finance and Industry