The Republic of the Union of Myanmar

Central Bank of Myanmar

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Myanmar finance delegation arrives back from Indonesia

Nay Pyi Taw, 10 April _ Myanmar delegation led by Deputy Minister for Finance and Revenue U Win Than arrived back here yesterday after participating in the meeting of ASEAN finance minister in Bali, Indonesia.

The deputy minister participated in the Finance Ministers Retreat and 15th ASEAN Finance Ministers’ Meeting in Bali on 7 April morning and Finance Ministers’ Retreat at Bvlgarl Resort in the afternoon.

President of Indonesia Dr. Susilo Bangbang Yudhoyono opened the 15th ASEAN Finance Ministers’ Meeting at the Westin Hotel the next day.

The deputy minister also attended the lunch on together with ASEAN ministers. __ MNA

Weighted-average (WA) Market Exchange Rate

MMK per USD - Date: 3rd April 2020

Reference Exchange rate
(WA market rate)
1,405.4
Interbank Market WA rate 1,407.2
Bank-customer Market WA rate

1,402.6

  • 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 8.5%pa
Minimum Bank Deposit Rate 6.5%pa

Maximum Bank Lending Rate (Secured)

Maximum Bank Lending Rate (Unsecured)

11.5%pa

 

14.5%pa

Economic Indicators (%)
GDP Growth Rate
2018-2019 First 6 Months
(October to March)
6.30 %
Annual Rate of Inflation
(January 2020)
9.06 %
Year on Year Inflation
(January 2020)
9.09 %

     Source : Ministry of Planning and Finance