The Republic of the Union of Myanmar

Central Bank of Myanmar

Bank Negara Malaysia and the Central Bank of Myanmar sign MOU on Regional Economic and Financial Development

Bank Negara Malaysia and the Central Bank of Myanmar signed a Memorandum of Understanding (MoU) today in Bandar Seri Begawan, Brunei Darussalam, to establish a collaborative frameworktopromote greater regional economic and financial integration. The MoU further enhances economic cooperation and builds towards shared economic prosperity between the two countries.

The MoU also establishes a framework of cooperation for capacity building and human capital development with the support of the Malaysian Technical Cooperation Programme of the Malaysian Government.

The MoU was signed by U Than Nyein, Governor of the Central Bank of Myanmar and Dr. Zeti Akhtar Aziz, Governor of Bank Negara Malaysia.

 

Central Bank of Myanmar

3 April 2013

MMK per USD - Date 18th October 2021

Reference Exchange Rate (CBM Auction Rate)

1820.0

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
2019-2020 FY
3.20 %
Annual Rate of Inflation
(February 2021)
2.61 %
Year on Year Inflation
(February 2021)
1.51 %

    Source :

    Ministry of Planning, Finance and Industry