NBC calls on the public to increase their use of riels.
It is safe to say that riels are the backbone of the economy in the countryside: A farmer.
Question remains whether investors will retain confident in a de-dollarised economy.
Consumers and business owners in Cambodia alike always face a dilemma of whether to pay in Riel or US dollar and the appropriate applicable exchange rate for their daily regular transaction.
A team of journalists were sent to five provinces to ask the nation’s traders, farmers and others their thoughts and feelings on the national currency outside Phnom Penh.
Phnom Penh: According to the 2017 Annual Report of National Bank of Cambodia (NBC), the NBC had purchased a total of USD963.3 million from commercial banks, representing a growth of 17.3% from the previous year.