The Republic of the Union of Myanmar

Central Bank of Myanmar

Notification of Award for MIS Reporting System Application

Republic of the Union of Myanmar

Central Bank of Myanmar

Myanmar Financial Sector Development Project


Bid/Contract Reference No: CBM/NC - 3

Scope of Contract: MIS Reporting System Application
Evaluation Currency: MMK - Myanmar Kyat

Awarded Bidder(s): Name: Myanmar Information Technology Pte.,Ltd
Address: MICT Park, Block 3, Room 2-4, Hlaing University Compus Road, Hlaing Township, Yangon
Country: Myanmar

Bid Price at Opening : MMK 300,000,000

Evaluated Bid Price  : MMK 300,000,000

Contract Price         : MMK 300,000,000

Weighted-average (WA) Market Exchange Rate

MMK per USD - Date 28th October 2020

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


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 7%pa
Minimum Bank Deposit Rate 5%pa

Maximum Bank Lending Rate (Secured)

Maximum Bank Lending Rate (Unsecured)




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