The Diplomat

A New Myanmar Needs a New (Crypto) Currency

Early efforts by Myanmar’s opposition National Unity Government (NUG) to issue a U.S. dollar-backed cryptocurrency have failed. They should try again, and harder: economic independence would further ...

Myanmar junta’s forced remittance rules pull in $7.1b

Rights groups say Myanmar’s system tying transfers to passport renewals may amount to violations. Read more at ...
Jurist

Myanmar dispatch: military junta’s announcement of new currency printing celebrates Buddhism but reflects and promotes instability

Myanmar law students are reporting for JURIST on challenges to the rule of law in their country under the military junta that deposed the civilian government of Aung San Suu Kyi in February 2021. On ...
Bloomberg L.P.

Myanmar Stabilizing Currency to Curb Prices, Central Bank Says

Myanmar aims to stabilize its currency to control price pressures, the central bank said, as the kyat weakens in the black market. “The Central Bank of Myanmar is monitoring the foreign-exchange rate ...
The New York Times

As Inflation Soars, Myanmar Shop Owners Are Jailed for Raising Wages

Myanmar’s junta, facing a growing popular rebellion, has plunged the country into economic crisis, reversing gains from a decade of civilian leadership. By Richard C. Paddock With Myanmar’s currency ...