Central bank urges Riel spending

30 September 2015
The Phnom Penh Post
Banking and financial services / Banking and financial services policy and regulation
National Bank of Cambodia (NBC)

Cambodia’s central bank yesterday again raised the issue of the country’s highly dollarised economy, suggesting that government policies and action plans will be enforced over the long term to promote the use of the riel, giving the National Bank of Cambodia (NBC) more monetary control.

Speaking at the Second NBC Macroeconomic Conference yesterday, Neav Chanthana, deputy governor of the NBC, said that while Cambodia’s economy has reaped the benefits of dollarisation it was also a key challenge now. …

 Sor Chandara
http://www.phnompenhpost.com/business/central-bank-urges-riel-spending

Contact us

Ask Question
Report Problem
Share Idea
Send Feedback
Submit Resources

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.

View | Delete

File was deleted

ERROR!

Please add the code:

* The idea box couldn't be blank! * The email address is not valid! Something's gone wrong, Please Resubmit the form! Please add the code correctly first.