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Myanmar to Release New 5000 Kyat Notes on October 1

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Tom Chao

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Sep 25, 2009, 11:26:32 AM9/25/09
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Myanmar's government announced Thursday that it will begin circulating
a new currency note next week.

The 5,000 kyat note, which is worth less than $5 US, will be the
largest bank note that the southeast Asian country has ever had. It
will be released into circulation on October 1, according to an
announcement on Myanmar's state-run MRTV.

There was no explanation for the government's decision to introduce
the new bill. Currently, the largest note is the 1,000 kyat bill,
which is worth less than $1

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