Keyword: "NBC"

4 Result

Cambodia continues selling US dollars to stabilise exchange rates

Cambodia continues selling US dollars to stabilise exchange rates

The National Bank of Cambodia (NBC) announced on September 19 that it will continue holding two auctions of US dollars (each worth 10 million USD) on September 20 and 22, to ensure exchange rate stability, maintain the purchasing power of the Cambodian riel, and support the economic recovery process following the COVID-19 pandemic.

Cambodia sees decade-high inflation hike

Cambodia sees decade-high inflation hike

Inflation in Cambodia continuously increased in the first months of this year, from 1.22% in February to 1.61% in March and skyrocketing to 7.2% in May - the highest recorded in the country in the last decade, according to the National Bank of Cambodia (NBC).
Cambodia, China to trade rice in local currencies

Cambodia, China to trade rice in local currencies

The Cambodia Rice Federation (CRF) and the National Bank of Cambodia (NBC) discussed ways to use the riel and the Chinese yuan in rice exports between China and Cambodia, Khmer Times newspaper reported on June 18.