Circulation of riel rises 33%

20 January 2020
The Phnom Penh Post
Economy and commerce / National Bank of Cambodia
Currency / Khmer riel

The share of riel in circulation in the Kingdom grew by about 33 per cent year-on-year by last year’s end as deposits in riel increased by 37 per cent, said the National Bank of Cambodia (NBC) 2019 Review and 2020 Outlook report. The report noted a steady rise in demand for the local currency, with deposit dollarisation ratio dropping to 82.9 per cent last year from 2018’s 84.8 per cent. …

 Hin Pisei
https://www.phnompenhpost.com/business/circulation-riel-rises-33

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