10/10/2025 (The Global New Light of Myanmar) - The Central Bank of Myanmar (CBM) announced on 8 October that it would sell US$30 million to those engaged in the fuel oil industry.

CBM also sold over $1.87 million to edible oil-importing companies and over $530,290 to fuel oil-importing companies on that day, in addition to an injection of over 4.98 million baht and over 21,480 yuan into the market.

CBM injected over $2.9 million into edible oil-importing companies on 3 October 2025.

CBM sold over $2.6 million to edible oil-importing companies and $656,270 to fuel oil-importing companies on 2 October, in addition to an injection of over 524,200 yuan into the foreign exchange market.

CBM announced on 2 October that it would sell $25 million to fuel oil entrepreneurs.

CBM pumped over $39 million purchased from companies working on a Cut, Make, and Pack basis into the market in September 2025. Moreover, CBM also injected over $680,000, 6.2 million yuan and 300,000 baht into the market through the foreign exchange market online trading platform last month.

CBM sold over $1 million, 11 million yuan and four million baht in August. Furthermore, CBM also pumped over $32 million, purchased from the companies working on a Cut, Make, and Pack basis, into the financial market.

CBM aims to curb the instability in the foreign exchange market and currency devaluation. According to CBM’s notification on 15 March 2024, it has been collaborating with law enforcement agencies to combat and prosecute those who attempt to manipulate the currency market under the existing laws. CBM allowed authorized dealers (private banks) to operate online foreign exchange trading freely as per the market rate, depending on supply and demand, starting from 5 December 2023.

https://www.gnlm.com.mm/cbm-to-inject-us30m-into-fuel-oil-sector-2/