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Myanmar Central Bank will issue its highest denomination banknote as the economy suffers

Por: ABC News Business July 23, 2023

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BANGKOK -- The Central Bank of army-ruled will issue a new banknote worth twice as much as the current highest denomination, state-run media reported Sunday, in a possible reaction to the economy becoming more unstable since the generals seized power in 2021. The reason for issuing a higher denomination note of 20,000 kyats (about $9.50) was not explained. Since the military ousted the elected government of Aung San Suu Kyi, economic boycotts... + full article



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