Regulatory Alerts2020-04-02
Central Bank of Myanmar Instruction 5/2020 on Foreign Exchange Transactions
The Central Bank of Myanmar issued Instruction No. 5/2020 on April 2, 2020 to amend Article 3 of its prior foreign exchange directive. This update establishes a minimum limit of 30 million Myanmar kyats for specified transactions conducted by Authorized Dealer banks. The revised framework standardizes foreign exchange operations and clarifies compliance requirements for licensed financial institutions.
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