The Republic of the Union of Myanmar

Central Bank of Myanmar

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FIML-1990

The State Law and Order Restoration Council
The Financial Institutions Of Myanmar Law
(The State Law and Order Restoration Council Law No.16/90)
The 13th Waxing Day of Waso, 1352 M.E
(4th July, 1990)
Ths State Law and Order Restoration Council hereby enacts the following Law:-

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Weighted-average (WA) Market Exchange Rate

MMK per USD - Date: 14th July 2020

Reference Exchange rate
(WA market rate)
1,373.3
Interbank Market WA rate 1,374.1
Bank-customer Market WA rate

1,372.0

  • 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
(May 2020)
8.35 %
Year on Year Inflation
(May 2020)
4.21 %

     Source : Ministry of Planning and Finance