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Cambodian riel to expand across Laos, and Vietnam

Cambodian riel to expand across Laos, and Vietnam

The National Bank of Cambodia (NBC) has announced that it is embarking on an expansion of the Cambodian riel’s use, connecting payments to businesses in Laos and Vietnam via its Bakong online banking system.

NBC committed to strengthen confidence in the riel

THE NATIONAL Bank of Cambodia (NBC) said it will continue to strengthen confidence in the local currency by stabilising the currency exchange rate and enforcing its existing financial tools to boost the riel’s usage.

Southeast Asia’s dollar addicts seek cure in their own currencies

MONDAY, MAY 16, 2016

The Khmer Times published a very interesting story late last year, concerning young Cambodian entrepreneurs’ plan to boost transactions in their currency, the riel.

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