Central Bank of Myanmar denies the rumours of abolishing bank notes and the closure of banks

The Central Bank of Myanmar building in Yangon. - Eleven Media Group/ANN

YANGON, Aug 14 (Eleven Media Group/ANN): The rumours of Ks10,000 and Ks5,000 bank notes would be revoked and the banks would be closed, are not true and banks have been instructed to provide regular banking services, according to Central Bank of Myanmar (CBM).

The rumours of abolishing Ks5,000 and Ks10,000 and the closure of the banks are came out and some people are worried about the rumors and withdrew their money, announced the CBM on August 13.