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Dollar purchased to curb inflation in Cambodia

Dollar purchased to curb inflation in Cambodia

July 25, 2017

CAMBODIA’S central bank has purchased US$479.4 million worth of cash during the first half of this year to convert to riel, using one of the few tools the National Bank of Cambodia (NBC) has to stabilise the value of the local currency and inject it into circulation, according to the regulator’s latest report.

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