The Republic of the Union of Myanmar

Central Bank of Myanmar

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State-Owned Banks

Sr.N0 Name of Bank Head-Office Address
1. Myanma Foreign Trade Bank No 80/86 Maharbandoola Park Street, Yangon
2. Myanma Investment and Commercial Bank N0 170/176 Bo Aung Kyaw Street, Botadaung Township, Yangon
3. Myanma Economic Bank Building 26/ Myatpanthazin Street, Near the Hotel Zone, Nay Pyi Taw
4. Myanma Agriculture and Development Bank No-26/42 Pansodan Road, Yangon

 

Myanma Foreign Trade Bank
Myanma Agriculture and Development Bank
Myanma Economic Bank
Myanma Investment and Commercial Bank

 

Weighted-average (WA) Market Exchange Rate

MMK per USD - Date: 17th July 2019

Reference Exchange rate
(WA market rate)
1,514.5
Interbank Market WA rate 1,515.3
Bank-customer Market WA rate 1,513.3
  • 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 7.82 %
Year on Year Inflation 9.57 %

     Source : Ministry of Planning and Finance