The military council is printing Myanmar Kyat money without limit. When the money was not ready to be printed, Germany closed the purchase right after the coup, and tons of non-standard banknotes were imported by air from Central Asian countries. And the domestic banknote printing factory is printing it without control. Now, the military leader Min Aung Hlaing has transferred about 4 billion Myanmar kyats printed to the market as ceremonial and development funds. The price of Burmese currency fell, and the gold and dollar prices, which had been preparing to rise from earlier, skyrocketed. According to the latest price, one kyat of gold has exceeded 2800,000 kyats, and one dollar has become three thousand kyats. Due to the instability of money prices, merchants lost hundreds of thousands of kyats overnight in border trade, and no one wants to accept Myanmar kyats anymore. In the future, the Myanmar Kyat money will be nothing more than scrap paper like the money of the Japanese era.
