ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

New kyat note brings back bad memories

Bundles of kyat bills pile up at a bank in Myanmar. The value of the country's currency has been falling.

YANGON -- Myanmar's central bank ended last month on a surprising note: It announced the upcoming issuance of a new and improved 10,000 kyat bill.

     It was only a few years ago, in the summer of 2012, that the bank issued the current 10,000 kyat notes. The official line is that the new edition, to be issued July 1, is designed to prevent forgery.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more