Central bank keeps riel stable as dollar deposits ease
ធនាគារជាតិរក្សាស្ថិរភាពប្រាក់រៀល
The NBC intervened lightly this month, with the reference rate holding close to 4,100 riel per US dollar.
The National Bank of Cambodia intervened only lightly in the foreign exchange market this month, with the reference rate holding close to 4,100 riel to the US dollar.
Dollar deposits at commercial banks eased slightly, a trend the central bank has encouraged through its riel-promotion measures and settlement rules.
Analysts read the stability as a sign of comfortable reserves heading into the wet-season trade lull.