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Rumours and fake news were spread in social media about the demonetization of large denomination notes.
The Central Bank of Myanmar on Wednesday announced that citizens can continue the use of the notes of 5,000 (MMK5,000.1 and 5,000.2) and 10,000 kyat (MMK10,000.1 and 10,000.2) without worries as the directive has been given to banks to operate as usual. The Central Bank of Myanmar placed emphasis on stabilizing the monetary system regarding the rumours.
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