The Republic of the Union of Myanmar

Central Bank of Myanmar

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CHAPTER X Prohibitions

84. No person shall, without the permission of the Central Bank and with wrongful intention do any of the following: —
(a) cutting, tearing or in any other way defacing any currency note or coin;
(b) causing any currency note to be excessively defaced.

85. A member, personnel or agent of the Central Bank, shall not, without permission under the law disclose or publish information relating to the transactions, identity, amount of income or source of income, profits, losses or expenditures of any person which they have learned in the performance of their duties, or allow such information to be seen or examined by another person.

86. No person shall issue or counterfeit currency notes and coins or any type of instruments payable to bearer on demand, issued by the Central Bank or import the counterfeit currency notes and coins.

Weighted-average (WA) Market Exchange Rate

MMK per USD - Date: 18th Feb 2019

Reference Exchange rate
(WA market rate)
1530.5
Interbank Market WA rate 1531.1
Bank-customer Market WA rate 1529.6
  • 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 6.86 %
Year on Year Inflation 6.85 %

     Source : Ministry of Planning and Finance