Phnom Penh: The National Bank of Cambodia has released the foreign exchange rates against the Riel, the Cambodian currency, on December 5, 2024.
According to Agence Kampuchea Presse, these rates provide a crucial snapshot of the economic landscape, impacting both local and international financial activities in Cambodia. The announcement is significant for businesses and individuals engaging in currency exchange for trade, investment, and travel purposes.
The release of these rates is a regular practice by the National Bank, ensuring transparency and aiding in the stabilization of the national currency. The foreign exchange rates are closely monitored by economists and financial analysts as they reflect broader economic trends and can influence policy decisions.