Phnom Penh: The National Bank of Cambodia has announced the latest foreign exchange rates against the Cambodian Riel, effective from November 25, 2024.
According to Agence Kampuchea Presse, the rates have been officially released to provide updated currency valuation information for the Riel. This announcement is part of the regular updates provided by the National Bank to ensure transparency and inform businesses and individuals dealing with foreign currencies.
The exchange rates are crucial for various sectors, including trade, tourism, and finance, as they influence the cost of imports and exports, as well as the purchasing power of Cambodian citizens traveling abroad. The National Bank continues to monitor global economic trends to adjust the rates accordingly, aiming to maintain economic stability and support the nation’s financial infrastructure.