The Central Bank of Myanmar (CBM) announced on August 14 that it plans to provide 100 million US dollars to fuel companies.

The CBM announced on August 9 that it will sell US$6 million, 5 million Chinese yuan and 10 million Thai baht for fuel, edible oil and other essential commodities.

The CBM sold US$5 million and CNY 5 million through the FX Trading Platform for the fuel, edible oil and pharmaceutical sectors last week.

On August 1, 2024, the foreign currency trading (AD) licensed banks sold 69 million Thai baht and 9 million Chinese yuan through the FX Trading Platform to companies that import edible oil, pharmaceuticals and pharmaceutical-related products and fertilizers.

On July 3, the CBM sold US$5.4 million to exporters and importers of edible oil, fertilizers and drugs and medical supplies through foreign currency trading (AD) licensed banks on the online trading platform.

On July 2, the CBM sold five million dollars to exporters and importers in the foreign currency market through the online trading platform.

During June, the CBM provided 40 million Thai baht to exporters and importers through the online trading platform on June 25 and five million dollars on June 17.