MT News
The exporters shall convert 65 percent of export earnings to Myanmar Kyats with the set price of the Central Bank of Myanmar.<\/p>\n\n\n\n
The Central Bank of Myanmar has issued a notification on 18 April that 65 percent of foreign currency for export declarations exported between 4 April and 5 August 2022 to be converted to Myanmar Kyat with the set price of CBM.<\/p>\n\n\n\n
The CBM has issued the Notification under the decision of meeting 27\/2023 of Foreign Exchange Management Committee.<\/p>\n\n\n\n
The CBM allowed to sell 100 percent of export earnings with the market price before it issued notification No. (12\/2022) dated 3 April, 2022.<\/p>\n\n\n\n
65 percent of export earnings from 4 April to 5 August will be converted to Myanmar Kyats in accordance with the provisions and 35 percent of export earnings are allowed to sell with the market price.<\/p>\n\n\n\n
Banks that have foreign currency selling licences need to obey under the decision of Foreign Exchange Management Committee.<\/p>\n","protected":false},"excerpt":{"rendered":"
MT NewsThe exporters shall convert 65 percent of export earnings to Myanmar Kyats with the set price of<\/p>\n","protected":false},"author":3,"featured_media":1899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic"],"_links":{"self":[{"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=\/wp\/v2\/posts\/1903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1903"}],"version-history":[{"count":1,"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=\/wp\/v2\/posts\/1903\/revisions"}],"predecessor-version":[{"id":1904,"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=\/wp\/v2\/posts\/1903\/revisions\/1904"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=\/wp\/v2\/media\/1899"}],"wp:attachment":[{"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}