Interest Rate in Myanmar
Myanmar - Interest Rate
The Covid-19 pandemic severely dented economic momentum in H1. The garment sector suffered from weak demand abroad and supply-chain disruptions, hitting employment and causing factories to suspend operations. Moreover, tourism was choked off by travel restrictions, while lower remittances likely hurt private consumption. Recently there have been more positive developments: The manufacturing PMI rose sharply in June amid higher output and new orders, while in late June the IMF approved USD 357 million in emergency assistance to aid the deteriorated fiscal and current account positions. That said, ongoing restrictions on travel and domestic gatherings will be restraining the economy moving into Q3.Myanmar - Interest Rate Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Policy Interest Rate (%) | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Myanmar Interest Rate Chart
Source: IMF.
Myanmar Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 16.00 | 0.0 % | Oct 15 |
| Exchange Rate | 1,476 | 0.0 % | Jan 01 |
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