Myanmar's central bank, which is under military control, has issued a notice mandating that foreign currency deposited in bank accounts be promptly converted into local currency.
On the other hand, confusion is spreading as foreign companies and organizations are unable to continue their business and countries including Japan are demanding exemptions from the application one after another.
On the 3rd of this month, the Central Bank of Myanmar issued a notice requiring that foreign currencies deposited in bank accounts, regardless of company, group or individual, be exchanged into local currency chat within one business day.
Foreign currency deposited before the notification is also covered, and legal measures will be taken in case of violation, and it is thought that the aim is to secure the missing foreign currency after the coup d'etat.
On the other hand, foreign companies and organizations are demanding exemptions from the application one after another, saying that they will not be able to continue their business, and embassies and commercial and industrial organizations in each country including Japan.
Meanwhile, according to military and local media, central bank vice president Tan Tan Swe was shot at his home by someone and taken to a hospital on the 7th in Yangon, the largest city.
The details of the vice-president are unknown, but confusion is widespread, with groups claiming to be resisting military rule and continuing armed struggles on social media.