[English] Strange FX Game in Myanmar: How Currency Policies Are Crippling the Economy 💸🌏
Listen now
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
More Episodes
What if your next smartphone or car battery was made from fruits or wine? Researchers in Australia have developed a groundbreaking battery using tartaric and malic acids found in food waste like fruits and wine. This new technology is not only environmentally friendly but also more efficient than...
Published 11/22/24
スマホや車に使われるバッテリーに、フルーツやワインが使える⁉️ オーストラリアの研究者たちが発見した新技術では、環境に優しく、長持ちするバッテリーが可能に! 🌟 注目ポイント: グラファイトを使わないため廃棄物も削減 スマホがもっと長持ちする未来へ 食品廃棄物を活用して地球を守る新技術 📢 日本語意訳と音声はこちらで! 🔗 https://matt-english.com/podcast/ 📚 英語力を強化したい方へ: 🔹 Business English Pro 🔹 1日10分ビジネス英語 ▶️...
Published 11/22/24