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Lao central bank to limit currency exchange to stabilize kip

juni 17, 2022by Reacties uitgeschakeld voor Lao central bank to limit currency exchange to stabilize kip

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VIENTIANE, June 17 (Xinhua) — The Lao central bank, Bank of the Lao PDR (BOL), will limit the functions of currency exchange units across the country as part of efforts to regulate foreign currencies and stabilize the value of the kip.

Under the new policy, money changers will be banned from trading in foreign currencies with organizations and companies, the local daily Vientiane Times reported on Friday.

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