The Republic of the Union of Myanmar

Central Bank of Myanmar

Photo Gallery

Video Gallery

Invitation for Tender

INVITATION FOR TENDER
The Government of the Republic of the Union of Myanmar
Ministry of Finance and Revenue
Committee on Finance
27th SEA GAMES ORGANIZING COMMITTEE
INVITATION FOR BIDS
ON SPONSORSHIP MANAGEMENT CONSULTANT

1.     The Republic of the Union of Myanmar will hold 27th SEA GAMES in December from 11th to 22nd   in major cities of Myanmar. It will be the very first of its kind during 44 years and it will be the very first major international event after the democratization process started in the year 2011.
2.    Since Myanmar has become the major topic due to its significant political change, natural resources, people, historic and scenic beauties this event will be the golden opportunity for the would-be investors to make acquaintance of and to make them known to this wonderful country which might be the last frontier of rich investment in South East Asia.
3.    In view of the fore goings, bids are invited by the Committee on Finance for the selection of Sponsorship Management Consultant with the following terms and conditions:-

Read More

Weighted-average (WA) Market Exchange Rate

MMK per USD - Date: 13th December 2019

Reference Exchange rate
(WA market rate)
1,510.1
Interbank Market WA rate 1,510.2
Bank-customer Market WA rate 1,510.0
  • 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 10%pa
Minimum Bank Deposit Rate 8%pa

Maximum Bank Lending Rate (Secured)

Maximum Bank Lending Rate (Unsecured)

13%pa

 

16%pa

Economic Indicators (%)

GDP Growth Rate

2018-2019 First 6 Months

(October to March)

6.30 %
Annual Rate of Inflation 8.61 %
Year on Year Inflation 9.51 %

     Source : Ministry of Planning and Finance