Cambodia continues selling US dollars to stabilise exchange rates

20 September 2023
Khmer Times
Economic policy and administration / Economy and commerce / National Bank of Cambodia
Exchange Rate Policy

The National Bank of Cambodia (NBC) announced on September 19 that it will continue holding two auctions of US dollars (each worth 10 million USD) on September 20 and 22, to ensure exchange rate stability, maintain the purchasing power of the Cambodian riel, and support the economic recovery process following the COVID-19 pandemic. …

 Khmer Times Staff
https://www.khmertimeskh.com/501363489/cambodia-continues-selling-us-dollars-to-stabilise-exchange-rates/

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