The Republic of the Union of Myanmar

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Rules

The Goverment of the Union of Myanmar

Ministry of Planning and Finance

The Central Bank of Myanmar Rules

Notification No. 31/91
(9th April, 1991)

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The Goverment of the Union of Myanmar

Ministry of Planning and Finance

The rules relating to the Financial Institutions of Myanmar Law

Notification No.32/91

(9 th April, 1991)

In exercise of the powers conferred under section 91 sub-section (a)of the Planning and Finance with the approval of the Government makes the following Rules:-

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Weighted-average (WA) Market Exchange Rate

MMK per USD - Date: 23rd May 2019

Reference Exchange rate
(WA market rate)
1539.4
Interbank Market WA rate 1539.6
Bank-customer Market WA rate 1539
  • 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 6.80 %
Annual Rate of Inflation 7.28 %
Year on Year Inflation 7.92 %

     Source : Ministry of Planning and Finance