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Laos strives to stabilize currency

augustus 08, 2024by Reacties uitgeschakeld voor Laos strives to stabilize currency

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VIENTIANE, Aug. 8 (Xinhua) — The Lao central bank will establish a centralized foreign exchange market to stabilize currency, improve transaction monitoring and provide convenient currency exchange options.

The move was in response to current economic challenges in Laos, such as inflation, the need for foreign currency for purchases and high foreign debt, the local news website Lao Phattana News reported on Thu

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