Central Bank: Dragging Inflation Down to Single Digit a “Greatest Challenge”
Dragging inflation down to an average of single digit as targeted for this year, is the greatest challenge.
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Central Bank Laos
Central Bank Builds Up Foreign Reserves
The Bank of the Lao PDR has built up a strong foreign reserve as part of efforts to secure the supply of international currencies for importers, according to a senior bank official.
The central bank governor, Mr Somphao Phaysith said the bank had been able to increase its foreign reserves to meet the demand of imports. “The current foreign reserve is now able to secure imports for about ….. .