A garment factory worker who lost her job, pictured in her dorm room in the working-class Hlaing Tharyar Township in March 2021. (Frontier)

‘A slow-motion train wreck’: Junta’s policies worsen foreign currency shortage

The regime’s latest capital controls have spooked the business community, exacerbated the shortage of dollars and sent the kyat plummeting – and experts say the junta could be running out foreign exchange needed for vital imports.

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