Currency Management Department helps Central Bank of Myanmar implement successfully its aim and the following are the responsibilities of Currency Management Department
- Issuing the notes to State-Owned Banks and Private Banks and receiving the notes from them
- Examining the fit notes and unfit notes which were received from State-Owned Banks and Private Banks
- Exchanging the old and defective notes, with the fresh notes.
- Destroying old and defective notes at Final Destruction Section.
- Controlling the Currency Chest Balance of State-Owned Banks
- Collecting daily withdraws and deposits data from and to Myanma EconomicBanks’ currency chests and calculating weekly, monthly and yearly currency incirculation
- Explaining and informing the different features between counterfeit and genuine notes to the State-Owned Banks, Private Banks and the public through newspaper and CBM website.
