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Money Exchange Laos

Money Exchange Units Banned From Selling Foreign Currency
Banks Business Expat Rescources Finance - Banking - Money Government Investments Lao Economy 

Money Exchange Units Banned From Selling Foreign Currency

20/10/202220/10/2022 J&C Admin 908 ViewsBank of the Lao PDR (BOL), Inflation Laos, Lao Economy, Money Exchange Laos

Under the new policy, money changers will be allowed to buy foreign currencies from customers but are forbidden to sell currencies other than kip

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BOL Gives Update On Authorised Money Exchange Units
Banks Finance - Banking - Money Government Lao Economy Latest News 

BOL Gives Update On Authorised Money Exchange Units

20/09/202120/09/2021 J&C Admin 330 ViewsBank of the Lao PDR (BOL), Money Exchange Laos, Money Exchanger

Some 419 money exchange units have become representatives of commercial banks and will operate under the authorisation of the bank, in an attempt to tackle the difference in currency exchange rates between banks and money-changing outlets.

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BOL Requires Currency Exchange Units To Partner With Commercial Banks
Banks Business Finance - Banking - Money Government Lao Economy Latest News 

BOL Requires Currency Exchange Units To Partner With Commercial Banks

15/09/202115/09/2021 J&C Admin 177 ViewsBank of the Lao PDR (BOL), Money Exchange Laos, Money Exchanger

BOL issued a notice informing currency exchange units nationwide to register with commercial banks to ensure their operations are carried out under the authorisation of the banking system.

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BOL To Take Urgent Action On Differences In Exchange Rates
Banks Business Finance - Banking - Money Government Lao Economy Latest News 

BOL To Take Urgent Action On Differences In Exchange Rates

31/07/202131/07/2021 J&C Admin 257 ViewsBOL Bank of Laos, Deputy Governor of the Bank of the Lao PDR Vatthana Dalaloy, exchange rate Laos, Money Exchange Laos

The Bank of the Lao PDR (BOL) is now working to tackle several unresolved issues related to financial matters, including differences between the exchange rates in the market and banks.

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Fluctuating Exchange Rate Increases Pressure On Lao Economy
Banks Business Finance - Banking - Money Lao Economy Latest News 

Fluctuating Exchange Rate Increases Pressure On Lao Economy

12/10/202012/10/2020 J&C Admin 156 Viewsexchange rate Laos, Money Exchange Laos

Many firms are effectively conducting business and basing their pricing on foreign currencies sold in the parallel market

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Lao Central Bank Imposes New Regulation For Currency Exchanges
Banks Finance - Banking - Money Government Lao Economy Latest News 

Lao Central Bank Imposes New Regulation For Currency Exchanges

14/07/202014/07/2020 J&C Admin 200 ViewsBOL Bank of Laos, Currency Exchange Laos, Money Exchange Laos

The Bank of the Lao PDR has come up with a new administrative rule designed to administer currency exchange businesses amid the appreciation of international currencies against the Lao kip.

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