CB Bank announced that it will exchange seamen salaries for 3,000 kyats per dollar.

"It is hereby announced that if the wages of seafarers are transferred to CB Bank, they will be exchanged at the rate of 3,000 kyats per US dollar. Therefore, it is good news that seafarers will be able to enjoy a good exchange rate by making transfers to their seafarer salary accounts at CB Bank,” CB Bank said in a press release.

According to foreign currency traders on September 27, the Central Bank of Myanmar set a foreign exchange rate of 2,100 kyats per dollar, and the foreign exchange rate in the black market is around 3,000 kyats per dollar.

The exchange rates of other foreign currencies in the black market on September 27, 2022 are 3200 kyats per Euro, 2,250 kyats per Singapore dollar, 700 kyats per Malaysian ringgit, 86 kyats per Thai Baht, 470 kyats per Chinese Yuan and 22.5 kyats per Japanese yen.