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Foreign Currency Deficit Among Economic Challenges Confronting Laos

21/03/202221/03/2022 J&C Admin 364 ViewsCurrency Depreciation Laos, Foreign currency deficit Laos, Foreign currency reserves Laos, Inflation Laos

Laos’ overall balance of payments situation is negative despite a trade surplus of US$1.32 billion in 2021 because foreign exchange inflows represent only 26.45 percent of the total export value.