Overseas Myanmar citizens required to remit 25% of income back home.

The Central Bank policy interest rate is to increase from 7% to 9% from 1 September 2024. On 14 August 2024, the Central Bank of Myanmar...

On August 7, the Central Bank of Myanmar (CBM) issued notification 37/2024 with measures aimed at boosting the foreign exchange supplies...

Introducing agent banking allows any corner shop to be an extension of a bank branch.

The Central Bank of Myanmar allows exporters to exchange 50% of earnings at market rates.

CBM to review all foreign currency purchases.

Foreign investors to be able to operate finance and leasing businesses in Myanmar.

A detailed analysis of Myanmar's new foreign currency restrictions.

On 7 April 2022 the Central Bank of Myanmar (CBM) issued a letter effectively cutting spending limits on Myanmar issued credit cards and...

Updated cash withdrawal limits keep general limits unchanged, but provide clarity on some of the exceptions.

Restrictions requiring banks and money changers to use the Central Bank of Myanmar's reference rate for currency exchange are dropped.

CBM exempts cash withdrawal limits for Covid-19 expenses.

The Central Bank of Myanmar has taken further steps to limit the ability of depositors to withdraw cash.

The CBM issued two directives on 7 May 2021, changing the reserve requirments and the method of calculating the liquidity ratio.

The Central Bank of Myanmar (CBM) has recently issued new limits on the amount of cash which can be withdrawn from accounts. In a letter...

Central Bank of Myanmar notice allowing foreign investment in Myanmar banks. Read more

The Myanmar Government has followed up this week’s blockbuster Companies Law reform by announcing details of incremental liberalising...