CBM sells over US$2M to edible oil importers
06/02//2026 (The Global New Light of Myanmar) - The Central Bank of Myanmar (CBM) injected over 1.939 million baht, purchased from CMP companies, into the market after selling over US$2.089 million to the edible oil-importing companies on 4 February.
CBM announced on 3 February that it would inject $28 million into the fuel oil import sector. Furthermore, CBM sold over $691,600 to edible oil-importing companies on that day after selling 500,000 baht in the market.
CBM sold over $1.8 million to edible oil-importing companies, along with an injection of 2.3 million baht into the market.
CBM sold over $43 million, 65 million baht and over four million yuan in January 2026.
CBM pumped $34 million, 11 million baht and 300,000 yuan into the market in December 2025.
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. — NN/KK
https://www.gnlm.com.mm/cbm-sells-over-us2m-to-edible-oil-importers/