Cambodian Economy Reviews

In order to protect of the depreciation of value of Cambodia’s currency and stabilize the Cambodia’s macroeconomics, the National Bank of Cambodia has tried to raise the value of Riel by purchasing a further US$5 million. The total of amount of dollars the central bank purchased reached US$48 million for the year. Since mid-April, Cambodia’s [...]

In order to maintain the interest of tourists and general public in Cambodia to avoid the exploitation of exchange rates among of the money exchange shops, and all currency conversation business, National Bank of Cambodia (BNC) announced that money exchange shops must show license. Chea Chanto, NBC’s governor, also has warned tourists and the public [...]

Giving speech at the 30th anniversary ceremony for the National Bank of Cambodia (NBC), which was reestablished after the topple of Khmer Rouge regime, the Prime Minister Hun said that despite Cambodia suffered from the global financial crisis, Cambodia’s foreign exchange reserves is up to US$2.522 billion by the end of August of this year. [...]

According to the Law on the Organization and Conduct of the National Bank of Cambodia made on January 26, 1996, the National Bank of Cambodia (NBC) is the “Central Bank” which is an autonomous public entity of a commercial and industrial nature.  The Central Bank’s Head Office is situated in Phnom Penh Capital of the [...]