GK
CURRENCIES OF THE WORLD
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the national currency of Burma?
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US Dollar
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Burmese rupee
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Burmese riel
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Burmese kyat
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Explanation:
Detailed explanation-1: -The Myanmar Kyat (MMT) is Myanmar’s national currency.
Detailed explanation-2: -The kyat is an official national currency and used only in Myanmar.
Detailed explanation-3: -Another factor contributing to the strength of the kyat, according to currency dealers, is the contribution in earnings from the trade in opium and amphetamines at the Sino-Burmese border. The rise in the kyat coincided with the start of the cold season, when most opium farmers harvest their crops.
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