Petrol prices jump by over 100 kyats in tandem with the dollar

October 16, 2026

Following the regime-installed parliament's approval of 2.1 trillion kyats in borrowing to cover the coup government's budget deficit, market exchange rates for the U.S. dollar have surged, driving up fuel and petrol prices, according to market sources.

This week’s reference rates set by the coup government's Supervisory Committee on Fuel Oil Import, Storage and Distribution are 4,705 kyats per liter for 92 RON petrol, 4,850 kyats per liter for 95 RON petrol, 4,485 kyats per liter for diesel, and 5,440 kyats per liter for premium diesel.

Compared to last week, this marks an increase of 110 kyats per liter for 92 RON petrol and 80 kyats per liter for 95 RON petrol. However, diesel prices dropped by 95 kyats per liter and premium diesel by 135 kyats per liter compared to the previous week.
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