The Republic of the Union of Myanmar

Central Bank of Myanmar

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Invitation of Consulting Firms for Foreign Banks Selection in Myanmar


The Foreign Bank Selection Committee which oversees the selection process of Foreign Banks, now, invites eligible consulting firms having an office in Myanmar to submit the Proposals for rendering consulting services in the selection of foreign banks.

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Weighted-average (WA) Market Exchange Rate

MMK per USD - Date: 20th September 2019

Reference Exchange rate
(WA market rate)
Interbank Market WA rate 1,534.3
Bank-customer Market WA rate 1,534
  • 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 (

Interest Rate(%)
Central Bank Rate 10%pa
Minimum Bank Deposit Rate 8%pa

Maximum Bank Lending Rate (Secured)

Maximum Bank Lending Rate (Unsecured)




Economic Indicators (%)
GDP Growth 6.50 %
Annual Rate of Inflation 8.08 %
Year on Year Inflation 9.51 %

     Source : Ministry of Planning and Finance