Myanmar Central Bank refute fake note claims

Myanmar’s Central Bank officials are seeking to debunk rumours that newly produced, authentic banknotes are fake.

According to U Win Thaw, vice governor of the Central Bank, who told VOA Burmese on Thursday that the newly created banknotes in circulation are genuine, it looks and feels different from earlier ones.

“There is no counterfeit banknote issue,” said Win Thaw. “The Central Bank issues the banknotes and we have the responsibility to ensure the quality and security.”

According to the news agency AFP, the German company Giesecke+Devrient of Munich halted banknote manufacture when the European Union implemented sanctions prohibiting companies from doing business in Myanmar after the military junta seized control on February 1, 2021.