November 16, 2024
19.4.24-9

30 May 2024

The online fake accounts intentionally spread fake news, claiming that banks are charging higher exchange rates. In this regard, the Central Bank has informed today that banks are charging higher exchange rates is incorrect like news spread from online fake accounts.
After the news came out that it was becoming up to 4550 dollars in the external market, the central bank is released information through the website links of private banks’ prices that only trading at about 3,330 dollars.

According to the Central Bank’s announcement, it was found that online social media platforms such as on Facebook, Viber and Telegram Using fake accounts including that banks are charging higher exchange rates, inaccurate news has been published and financial instability is being done. Necessary actions are being taken against these websites. As AD licensed banks, the Exchange Counter’s transaction exchange rates have been announced on the bank’s official website.

As following can be accessed at official websites of Banks:
KBZ_https://www.kbzbank.com/en/ ၊AYA_https://ayabank.com/personal-banking/other-services/foreign-currency-exchange-service#foreign currency exchange rate
MAB_https://www.mabbank.com/gtb
UAB_https://www.uab.com.mm/
A Bank_https://www.abank.com.mm/en US/
CB_https://wwwcbbank.com.mm/en
Yoma_https://www.yomabank.com/
MCB_https://mcb.com.mm/
MOB_https://www.mobmyanmar.com/.

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