Myanmar Reserve Requirement Rate
Reserve Requirement Rate: MMK
Reserve Requirement Rate: MMK data was reported at 3.750 % in Oct 2024. This stayed constant from the previous number of 3.750 % for Sep 2024. Reserve Requirement Rate: MMK data is updated monthly, averaging 5.000 % from May 2011 (Median) to Oct 2024, with 162 observations. The data reached an all-time high of 10.000 % in Mar 2015 and a record low of 3.000 % in Apr 2023. Reserve Requirement Rate: MMK data remains active status in CEIC and is reported by Central Bank of Myanmar. The data is categorized under Global Database’s Myanmar – Table MM.KA003: Reserve Requirement Rate. Reserve Requirement Rate prior to April 2015 was applied as prudential measure by Central Bank of Myanmar. Central Bank of Myanmar increased Reserve Requirement Rate from 3% to 3.5% during the minimum private money maintenance period started from April 26 to May 23, 2023.
Last | Frequency | Range |
---|---|---|
3.750 Oct 2024 | monthly | May 2011 - Oct 2024 |
View Myanmar's Reserve Requirement Rate: MMK from May 2011 to Oct 2024 in the chart:
Myanmar Reserve Requirement rate
Reserve Requirement rate data was reported at 5.000 % in Nov 2018. This stayed constant from the previous number of 5.000 % for Oct 2018. Reserve Requirement rate data is updated monthly, averaging 10.000 % from May 2011 (Median) to Nov 2018, with 91 observations. The data reached an all-time high of 10.000 % in Mar 2015 and a record low of 5.000 % in Nov 2018. Reserve Requirement rate data remains active status in CEIC and is reported by Central Bank of Myanmar. The data is categorized under Global Database’s Myanmar – Table MM.KA003: Reserve Requirement rate.
Last | Frequency | Range |
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5.00 May 2018 | monthly | May 2011 - May 2018 |