News

NBC says Ratanakiri transacts 91 percent of riel currency

The National Bank of Cambodia (NBC) Friday said that 91 percent of transactions in Ratanakiri are conducted in riel. ...

Nhean Chamrong
https://www.khmertimeskh.com/501612864/nbc-says-ratanakiri-transacts-91-percent-of-riel-currency/

NBC seeks riel accounts for all businesses

The National Bank of Cambodia (NBC) and the Ministry of Commerce (MoC) on Tuesday asked all banking and financial institutions (FIs) to cooperate in opening bank accounts in KHR for all businesses registered in Cambodia. ...

Sum Manet
https://www.khmertimeskh.com/501586430/nbc-seeks-riel-accounts-for-all-businesses/

Royal Government issues sub-decree to allow the use of new 200,000 Riel banknotes

The Royal Government of Cambodia has issued a sub-decree authorizing the issuance, circulation and use of a new 200,000 Riels banknote in the Kingdom of Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501574785/royal-government-issues-sub-decree-to-allow-the-use-of-new-200000-riel-banknotes/

NBC, MoC call for wider use of Riel

The National Bank of Cambodia (NBC) and the Ministry of Commerce (MoC) Wednesday organized a seminar aimed at promoting financial inclusion and encouraging the wider use of the Cambodian Riel (KHR) in the domestic economy. ...

Chea Vanyuth
https://www.khmertimeskh.com/501572151/nbc-moc-call-for-wider-use-of-riel/

IMF urges private sector to continue promoting riel

The International Monetary Fund (IMF) Monday urged members of the Cambodian Chamber of Commerce (CCC) to continue promoting the use of local currency to boost Cambodia’s economy stronger and less vulnerable to the negative effects of exchange rate fluctuations of the international currency. ...

Chea Vanyuth
https://www.khmertimeskh.com/501561130/imf-urges-private-sector-to-continue-promoting-riel/

ABC vows to increase riel usage

The Association of Banks in Cambodia (ABC) has committed to further increase the usage of riel through its members’ operations, as the local currency is now increasingly used in cash and digital transactions. ...

Chea Vanyuth
https://www.khmertimeskh.com/501470948/abc-vows-to-increase-riel-usage/

NBC calls for more salary payments in Riel

The National Bank of Cambodia (NBC) Governor Chea Serey encouraged businesses in the Kingdom to prioritize internal policies to pay staff salaries in Khmer Riel (KHR) as opposed to the US dollar (USD), especially in regards to businesses involved in the garment, textile and footwear ...

James Whitehead
https://www.khmertimeskh.com/501465505/nbc-calls-for-more-salary-payments-in-riel/

NBC reports 44% surge in electronic riel transactions

National Bank of Cambodia (NBC) governor Chea Serey announced an increase in electronic transactions and payments in Cambodian riel for 2023, noting that they were 44% higher than in 2022. ...

Van Socheata
https://www.phnompenhpost.com/national/nbc-reports-44-surge-in-electronic-riel-transactions

Businesses urged to prioritise riel for salary payments

 The Governor of the National Bank of Cambodia (NBC), Chea Serey, is encouraging companies and enterprise owners to offer salaries in riel, as the majority of Cambodian workers are paid in dollars. ...

Mao Sreypich
https://kiripost.com/stories/businesses-urged-to-prioritise-riel-for-salary-payments

Wing promotes Khmer riel circulation among its customers

Made by Cambodians for Cambodians, Wing (Cambodia) Limited Specialized Bank, the leading mobile banking services provider in Cambodia, is proud to join the National Bank of Cambodia (NBC) in promoting Khmer Riel usage among its customers across the country by establishing service charges, as well ...

Khmer Times Team
http://www.khmertimeskh.com/news/36594/wing-promotes-khmer-riel--circulation-among-its-customers/

Contact us

Contact us

Do you have questions on the content published by Open Development Cambodia (ODC)? We will gladly help you.

Have you found a technical problem or issue on the Open Development Cambodia (ODC) website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Cambodia (ODC) website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

File was deleted
ERROR!

Disclaimer: Open Development Cambodia (ODC) will thoroughly review all submitted resources for integrity and relevancy before the resources are hosted. All hosted resources will be in the public domain, or licensed under Creative Commons. We thank you for your support.

zcEwB
* The idea box couldn't be blank! Something's gone wrong, Please Resubmit the form! Please add the code correctly​ first.

Thank you for taking the time to get in contact!