The Republic of the Union of Myanmar

Central Bank of Myanmar

Notification Award Bid/Contract Reference No : CBM/G-16

The Republic of the Union of Myanmar

Central Bank of Myanmar

Myanmar Financial Sector Development Project

PROJECT ID : 154389

Bid/Contract Reference No : CBM/G-16

Scope of Contract: Hardware   Requirement   for   Currency  Management Application Upgrade

Duration of Contract : 4 Month(s)

Contract Signature Date : 30-Sep-2020

Evaluation Currency : MMK – Myanmar Kyat

Award Bidder(s) : Name : ATG Systems Co., Ltd

Address : No.3, Kan Street, Kan Yeik Housing Ward (10), Hlaing Township, Yangon

Country : Myanmar

 

Weighted-average (WA) Market Exchange Rate

MMK per USD - Date 26th January 2021

Reference Exchange rate
(WA market rate)
1,332.0
Interbank Market WA rate 1,332.1
Bank-customer Market WA rate

1,331.8

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
(November 2020)
4.60 %
Year on Year Inflation
(November 2020)
0.97 %

    Source :

    Ministry of Planning, Finance and Industry