The Republic of the Union of Myanmar

Central Bank of Myanmar

Instruction for Bilateral Interbank FX Transactions

Latest News

Pages

Weighted-average (WA) Market Exchange Rate

MMK per USD - Date 28th October 2020

Reference Exchange rate
(WA market rate)
1,287.4
Interbank Market WA rate 1,287.5
Bank-customer Market WA rate

1,287.2

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 7%pa
Minimum Bank Deposit Rate 5%pa

Maximum Bank Lending Rate (Secured)

Maximum Bank Lending Rate (Unsecured)

10%pa

 

14.5%pa

Economic Indicators (%)
GDP Growth Rate
2018-2019 FY
(October to September)
6.80 %
Annual Rate of Inflation
(August 2020)
6.43 %
Year on Year Inflation
(August 2020)
1.84 %

     Source : Ministry of Planning and Finance