Central bank mulls its inflation response
Cambodia’s central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and Spokeswoman Nguon Sokha said yesterday. Increases in commodity prices and petroleum has led to rising prices around the globe, and may cause further price inflation in Cambodia this year. The NBC is committed to maintaining price stability and Cambodia is not alone in the region in considering a tightened monetary policy, she said.
