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Official exchange rate launched for Chinese yuan and Cambodian riel

Official exchange rate launched for Chinese yuan and Cambodian riel

September 28, 2017

PHNOM PENH - The National Bank of Cambodia (NBC) and the People’s Bank of China in the autonomous Guangxi region of southern China have launched an official yuan-riel exchange rate that allows businesses and individuals to conduct trade settlement activities without using the US dollar as an intermediary currency, an NBC official said yesterday.

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