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Laos strives to maintain monetary stability

oktober 12, 2023by Reacties uitgeschakeld voor Laos strives to maintain monetary stability

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VIENTIANE, Oct. 12 (Xinhua) — The Lao government has taken measures to maintain monetary stability, such as increasing interest rate, ratio of compulsory deposits and issuance of bonds, Lao News Agency reported on Thursday.

The government has implemented an exchange rate policy in a more flexible direction and allocated foreign currency resources for fuel imports, and created a department at the central bank to

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