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Regulatory Update on Foreign Currency Use and Exchange in Laos

Cabinet Pushes For Effective Management Of Exchange Rates

31/08/201931/08/2019 J&C Admin 420 Views banks Laos, Banque Pour Le Commerce Exterieur Lao Public (BCEL), BOL Bank of Laos, money changer Laos

The cabinet has named the management of currency exchange as one of its top priorities in the coming months, as the gap between the official and market exchange rates widens.