Thailand
National Bank of Cambodia announces $50 million auction tomorrow
The National Bank of Cambodia has issued a notice to banks, microfinance institutions and exchange traders to participate in the auction of US $50,000,000 for October 12, 2021.
According to the announcement of the National Bank of Cambodia, the minimum bidding rate will be announced on the morning of the actual bidding day.
The dollar auction is to keep the riel and the dollar stable on the market.
Source: https://www.khmertimeskh.com/50949491/national-bank-of-cambodia-announces-50-million-auction-tomorrow/