{"id":6558,"date":"2024-08-19T03:12:21","date_gmt":"2024-08-19T03:12:21","guid":{"rendered":"https:\/\/www.mtnewstoday.com\/en\/?p=6558"},"modified":"2024-08-19T03:12:21","modified_gmt":"2024-08-19T03:12:21","slug":"the-central-bank-of-myanmar-will-sell-us100-million-to-the-fuel-oil-sector","status":"publish","type":"post","link":"https:\/\/www.mtnewstoday.com\/en\/?p=6558","title":{"rendered":"The Central Bank of Myanmar will sell US$100 million to the fuel oil sector"},"content":{"rendered":"\n<p>16 August 2024<\/p>\n\n\n\n<p>According to the Central Bank of Myanmar (CBM)&#8217;s notification issued on 14 August, it planned to sell US$100 million to the fuel oil sector. In the coming weeks, CBM will sell $6 million, 5 million yuan, and 10 million baht through online forex trading platforms to the edible oil, fuel oil, and pharmaceutical sectors.<\/p>\n\n\n\n<p>On 2 August, CBM sold $5 million and 5 million yuan for fuel oil, edible oil, pharmaceuticals, and medical devices, after selling 69 million baht and 9 million yuan for edible oil importers on 1 August. During July, CBM sold $15.4 million and 5 million yuan into the foreign exchange market to curb instability and stop currency devaluation.<\/p>\n\n\n\n<p>Starting from 5 December 2023, CBM allows authorized dealers (private banks) to trade foreign exchange online at market rates based on supply and demand.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"904\" height=\"565\" src=\"http:\/\/www.mtnewstoday.com\/en\/wp-content\/uploads\/2024\/08\/photo_2024-08-16_16-32-56-2.jpg\" alt=\"\" class=\"wp-image-6562\" srcset=\"https:\/\/www.mtnewstoday.com\/en\/wp-content\/uploads\/2024\/08\/photo_2024-08-16_16-32-56-2.jpg 904w, https:\/\/www.mtnewstoday.com\/en\/wp-content\/uploads\/2024\/08\/photo_2024-08-16_16-32-56-2-300x188.jpg 300w, https:\/\/www.mtnewstoday.com\/en\/wp-content\/uploads\/2024\/08\/photo_2024-08-16_16-32-56-2-768x480.jpg 768w, https:\/\/www.mtnewstoday.com\/en\/wp-content\/uploads\/2024\/08\/photo_2024-08-16_16-32-56-2-18x12.jpg 18w, https:\/\/www.mtnewstoday.com\/en\/wp-content\/uploads\/2024\/08\/photo_2024-08-16_16-32-56-2-480x300.jpg 480w, https:\/\/www.mtnewstoday.com\/en\/wp-content\/uploads\/2024\/08\/photo_2024-08-16_16-32-56-2-640x400.jpg 640w\" sizes=\"auto, (max-width: 904px) 100vw, 904px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>16 August 2024 According to the Central Bank of Myanmar (CBM)&#8217;s notification issued on 14 August, it planned<\/p>\n","protected":false},"author":4,"featured_media":6562,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-6558","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\/6558","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6558"}],"version-history":[{"count":1,"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=\/wp\/v2\/posts\/6558\/revisions"}],"predecessor-version":[{"id":6563,"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=\/wp\/v2\/posts\/6558\/revisions\/6563"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=\/wp\/v2\/media\/6562"}],"wp:attachment":[{"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mtnewstoday.com\/en\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}