The surprise decision to fix the rate of the kyat has harmed the competitiveness of Myanmar’s rice exports, traders say, and orders from abroad are already beginning to decline.
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Despite the junta’s threats of reprisals, the Civil Disobedience Movement keeps growing by the day and its members are set on a near-total shutdown of government.
"It's better to shoot us all dead here than send us to Burma, where we will be rained with bullets anyway," said one of the detained refugees.
Despite threats from the regime and a lack of secure channels, groups in Myanmar and overseas have lent massive support to striking public servants in the Civil Disobedience Movement.
Indian police said nine people, including three police defectors, crossed into Mizoram state on on March 3, the day that saw the highest death toll in Myanmar since police began cracking down on protests. Local media there have reported another 20 have crossed since.
Thousands turned out in Mandalay today for the funeral of 19-year-old Ma Kyal Sin, who was gunned down at a protest on the streets of Myanmar's second largest city yesterday.
Six people were killed in Yangon’s North Okkalapa Township and at least 18 are in a critical condition after security forces opened fire with live rounds, while deaths were also reported in Mandalay, Monywa and Myingyan.
A Frontier journalist explains what it was like to cover the brutal police crackdowns on peaceful protesters over the weekend, which turned the streets of Yangon into a war zone and left at least four dead.