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The importance of the Riel to Cambodia [English]
Riel is important for the following reasons: (1)National pride and solidarity, (2) Price stability promotion, (3) Transaction costs reduction, (4) Trade promotion, (5) Increase investments and job creation, (6) Infrastructure and social welfare promotion, (7) Financial inclusion, (8) Foreign reserve accumulation, (9) Cash printing, (10) Counterfeiting prevention.
Additional Information
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Last updated | March 9, 2022 |
Created | March 9, 2022 |
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License | License not specified |
Name | The importance of the Riel to Cambodia [English] |
Description |
Riel is important for the following reasons: (1)National pride and solidarity, (2) Price stability promotion, (3) Transaction costs reduction, (4) Trade promotion, (5) Increase investments and job creation, (6) Infrastructure and social welfare promotion, (7) Financial inclusion, (8) Foreign reserve accumulation, (9) Cash printing, (10) Counterfeiting prevention. |
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