Witness History: Archive 2014 - Myanmar Currency Chaos

Myanmar Currency Chaos

Download Myanmar Currency Chaos

In September 1987 the authorities in Myanmar suddenly announced that most of the banknotes in circulation in the country were invalid.

The decision, made without warning, had been ordered more or less on a whim by Myanmar's leader General Ne Win. He was a superstitious man and withdrew all 25, 35, and 75 kyat notes because they were not divisible by nine.

Farhana Haider reports on the chaos that ensued.

(Photo: AFP/Getty Images)

Published on Thursday, 4th September 2014.

Available Podcasts from Witness History: Archive 2014

Subscribe to Witness History: Archive 2014

We are not the BBC, we only list available podcasts. To find out more about the programme including episodes available on BBC iPlayer, go to the Witness History: Archive 2014 webpage.