US dollar used to curb inflation

25 July 2017
The Phnom Penh Post
Banking and financial services / National Bank of Cambodia
Inflation / Supreme National Economic Council (SNEC)

Cambodia’s central bank purchased a total of $479.4 million worth of cash during the first half of this year to convert to riel, utilising 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. …

 Hor Kimsay
http://www.phnompenhpost.com/business/us-dollar-used-curb-inflation

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