Discover解説!1日5分ビジネス英語[English] Strange FX Game in Myanmar: How Currency Policies Are Crippling the Economy 💸🌏
[English] Strange FX Game in Myanmar: How Currency Policies Are Crippling the Economy 💸🌏

[English] Strange FX Game in Myanmar: How Currency Policies Are Crippling the Economy 💸🌏

Update: 2024-11-19
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Description

Since Myanmar’s 2021 military coup, the country’s economy has faced significant turmoil. One key issue is the peculiar exchange rate system controlled by the Tatmadaw, Myanmar’s military government.


🌟 Key Points Covered:



  • Exporters must convert earnings at rates far below market value (as low as 2100 kyat per dollar).

  • The military uses these earnings for imports and military expenses.

  • Inflation has skyrocketed by 426%, with the economy spiraling downward.


Discover how these policies are reshaping Myanmar’s economy and driving away investors like Total and Chevron.


🎧 Learn more in this episode:
🔗 https://matt-english.com/podcast/


📚 Want to improve your English skills? Check out these programs:
🔹 Business English Pro (Full Access)
🔹 10-Minute Business English (Mobile-Friendly)
▶️ More details here: https://www.wisdomsq.com/program/


#Myanmar #Economy #FXMarket #Podcast #EnglishLearning

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[English] Strange FX Game in Myanmar: How Currency Policies Are Crippling the Economy 💸🌏

[English] Strange FX Game in Myanmar: How Currency Policies Are Crippling the Economy 💸🌏

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