![](https://thadinn.com/wp-content/uploads/2023/08/13-17.jpg)
MYANMAR – The National Unity Government (NUG) Central Committee for Anti-terrorism asked private banks and monetary services to not use the junta council issued 20,000 Kyats bank notes and warned that those that use the notes shall be punished under the Anti-terrorism Act.
The committee stated that the NUG’s interim Central Bank had declared those 20,000 bank notes to be illegal, and thus holding those notes in possession, using them in trades and transfers of any form commit the crime of financially supporting terrorism.
Hence, the committee requested the people to report the banks and monetary services that approve and use the 20,000 bank notes in transactions with evidence. It also warned that those who do not heed the announcement will be charged and punished under the Anti-terrorism Act.
“We will not allow the speed of the people’s revolution to falter in any way but increase it even further. Comply with the restrictions. Decide how you will stand with the people. You must understand well the state of living under the junta council. There is no business that became successful without the cooperation of the people. The best solution for everyone is the success of the revolution,” stated Mr. Lwin Ko Latt, Chair of the NUG Central Committee for Anti-terrorism on his social media.
The junta council announced the issue of 20,000 Kyats bank notes on July 23 and the announcement was followed by the sharp decline of the Kyats with the exchange rate for one USD hitting 4,000 Kyats and the gold price per tical also climbed to 4 million Kyats. The general commodity price also rose significantly.