Search
- Jul 14, 2023
Central Bank of Myanmar moves to increase foreign exchange liquidity
The Central Bank of Myanmar allows exporters to exchange 50% of earnings at market rates.
- Jun 27, 2023
Latest on Myanmar foreign remittance controls
CBM to review all foreign currency purchases.
- Jul 16, 2022
Myanmar opens up the non-banking financial sector to 100% foreign participation
Foreign investors to be able to operate finance and leasing businesses in Myanmar.
- Apr 7, 2022
Myanmar card spending limits cut in half
On 7 April 2022 the Central Bank of Myanmar (CBM) issued a letter effectively cutting spending limits on Myanmar issued credit cards and...
- Apr 2, 2022
Updates to cash withdrawal limits
Updated cash withdrawal limits keep general limits unchanged, but provide clarity on some of the exceptions.
- Sep 15, 2021
Dropping exchange rate controls
Restrictions requiring banks and money changers to use the Central Bank of Myanmar's reference rate for currency exchange are dropped.
- Jul 29, 2021
Central Bank exempts COVID-19 related expenses from cash withdrawal limits
CBM exempts cash withdrawal limits for Covid-19 expenses.