2021-08-03

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Central Bank of Myanmar Foreign Exchange Spread Directive (Instruction 11-2021)

The Central Bank of Myanmar issued Instruction 11-2021 to standardize foreign exchange spreads for Authorized Dealers and Money Changers. The directive replaces the May 12, 2021 reference and mandates a ±0.8 percent trading band around the CBM Mid-Rate, effective June 4, 2021. Financial institutions must adjust their buy and sell rates to comply with the new spread limits, ensuring market consistency across currency transactions.

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Instruction 8-2021 (12-5-2021)2021Instruction 8-2021 (12-5-2021) (2021-05-12)Central Bank of MyanmarForeign Exchange Spread Direc…2021-08-03 · this documentCentral Bank of Myanmar Foreign Exchange Spread Directive (Instruction 11-2021) (2021-08-03)Instruction 12-2021 (10-9-2021)…2021Instruction 12-2021 (10-9-2021) on Foreign Exchange Trading Band (2021-09-10)
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Amended 1 time · last 2021-09-10

This document supersedes: Instruction 8-2021 (12-5-2021)

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Source: Central Bank of Myanmar — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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