Myanmar to Introduce New Gold Coins

The Central Bank of Myanmar will introduce quarter tical gold coins with a new design to meet the high demand, the state bank said on Friday.

Gold Coins (Representational Image/ Photo Credit: Twitter)

Yangon, April 27: The Central Bank of Myanmar will introduce quarter tical gold coins with a new design to meet the high demand, the state bank said on Friday.

The portrait of late national hero and Father of the Nation of modern-day Myanmar General Aung San is engraved on the new coin, Xinhua news agency reported. His daughter is State Counsellor Aung San Suu Kyi.

The Central Bank of Myanmar has been issuing quality tical, half tical and quarter tical gold coins since 1991 with images of a ploughing farmer and an elephant hauling a log being depicted on them.

The new quarter tical gold coins could be bought at the prevailing gold rate of the day at the Myanmar Gems Enterprise sale centres in Nay Pyi Taw, Yangon and Mandalay, said the bank.

(The above story first appeared on LatestLY on Apr 27, 2018 09:59 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

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