Over US$90,000 in counterfeit banknotes is seized. Police official says forged notes are wider but shorter than real 10,000-kyat bills, have no watermarks and serial numbers appeared crooked and blurred.
Tag: banknotes
Gen Aung San image to appear on Burmese banknotes
The vice-president of the Central Bank of Myanmar, Daw Khin Saw Oo, tells lower house MPs that the bank was planning to issue new banknotes featuring the image of Burma’s…
Inflation cuts printing of low-value notes
Oct 14, 2008 (DVB), The shortage of low-denomination banknotes is causing inconvenience to businesses and consumers of low-priced goods, according to residents of Rangoon, Mandalay and Meikhtila. Shop owners have…
Bago activists launch banknote campaign
Sep 23, 2008 (DVB), One-kyat banknotes printed with anti-government slogans were distributed in Gyopinkauk township, Bago division, yesterday morning as part of a campaign to protest the actions of the…