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Kyat
(redirected from kyats)

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Kyat
The currency of Burma (or Myanmar). It was introduced in 1953, replacing the Burmese rupee. The Burmese government has been known to follow unusual policies with regard to printing money. For example, it introduced 45 and 90 kyat banknotes in 1987 because they both incorporated a leading general's favorite number (nine). Also in 1987, the government demonetized the 25, 35 and 75 kyat banknotes without warning. This led to a general uprising because those notes composed three-fourths of the currency in circulation.


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55 million kyats (nearly 1,500 dollars) to obtain permission from the government's telecommunications department.
But many survivors were more concerned with the dead as they marked the cyclone's anniversary Sunday, with those who could afford to paying about 100,000 Kyats (100 dollars) in donations for a monk-led ceremony at home.
 
 
 
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