$(pwd) doesn't resolve properly when running from npm script

Question

The issue:

$(pdw) does not resolve properly when running as part of npm script.

running a script with param including $(pwd) in the terminal seems to be working fine though. e.g.:

Simplified example:

package.json

{
  ...
  "scripts": {
    "test-pwd": "echo $(pwd)"
  },
  ...
}

# this command works correctly
echo $(pwd)
# output: /c/Users/<User>/path/to/repo

# this commad doesn't work
yarn test-pwd
# output: $(pwd)

my actual code:

npx @bazel/bazelisk run //tools/ci:pwd_script_py -- --root-dir=$(pwd)

^ this works fine

But this is my actual setup:

{
  ...
  "scripts": {
    "s1": "...",
    "s2": "...",
    "pwd-script": "npx @bazel/bazelisk run //tools/ci:pwd_script_py -- --root-dir=$(pwd)"
    "start:all": "s1 && s2 && pwd-script",
  },
  ...
}

when I run yarn start:all or yarn pwd-script, the scripts break as root-dir evaluates to literal string $(pwd) instead of C:\path\to\repo

Environment:

• Win 11
• Win Terminal -> Git Bash
• node 16.14.1
• npm 8.5

This setup seems to be working fine in Linux & OSX environments, but I also need to get it working under Windows env

Also, it is not easily done to move that $(pwd) into the underlying python script as the script is being run in a sandbox.