The Central Bank of Myanmar (CBM) is selling dollars to fuel retailers, but diesel and gasoline prices have risen by 180 kyats per litre, according to the Fuel Import, Storage and Distribution Supervisory Committee.

According to the prices published on June 27, the prices of fuel sold in Yangon were 3,140 kyats per litre for 92 Ron, 3,210 kyats per litre for 95 Ron, 2,730 kyats per litre for diesel, and 3,385 kyats per litre for premium diesel.

According to the prices published on June 20, the prices of fuel sold in Yangon were 2,960 kyats per litre for 92 Ron, 3,030 kyats per litre for 95 Ron, 2,500 kyats per litre for diesel, and 3,100 kyats per litre for premium diesel.

This means that the price of 92 Ron has increased by 180 kyats per litre, 95 Ron by 180 kyats per litre, diesel by 230 kyats per litre, and premium diesel by 285 kyats per litre.

Fuel prices have also increased for two consecutive weeks, with the prices sold on June 13 being 2,850 kyats per litre for 92 Ron, 2,919 kyats per litre for 95 Ron, 2,410 kyats per litre for diesel, and 2,990 kyats per litre for premium diesel.

Fuel prices have remained unchanged for the week and are being sold at the prices announced on June 27.

The CBM has sold up to $125 million to fuel importers as of June 23.

The CBM has sold $30 million to fuel importers on June 6, $32 million on June 10, $33 million on June 17, and $30 million on June 23, according to the CBM’s statement.

Of the $10 million announced by the CBM to be sold at FX Trading, more than $0.577 million was sold to companies importing other goods.

The CBM announced that it would sell $33 million to fuel oil importers in the foreign exchange market.

On June 18, the CBM sold more than $1.68 million of the foreign exchange purchased from CMP companies in FX Trading to companies importing cooking oil.