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Cambodia: NBC sets official exchange rate on NBCP

The National Bank of Cambodia (NBC) has started to set the official exchange rate for the dollar based on the foreign exchange buying and selling prices in the currency market from August 2. NBC announced that the official exchange rate on the National Bank of Cambodia Platform (NBCP) is based on the exchange rate in […]

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Philippines faces worsening sugar woes

MANILA, Philippines — The country has been reeling from a sugar shortage in the past few months following the sector’s missed production target caused by weather disturbances and high input costs, as well as delayed implementation of an order to import the sweetener. This has pushed retail prices of sugar beyond P100 per kilogram in […]

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Vietnam: A tall order

The Vietnamese dong currency remains remarkably stable while other currencies are sliding against the U.S. dollar. This situation makes foreign exchange rate management increasingly difficult. Foreign exchange rate under pressure. Foreign exchange rate under pressure Only 53 days after a VND200 per dollar hike, the selling price of the greenback on July 4 was adjusted […]

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