BOL Tightens Forex Controls, Promotes Kip Use to Curb Inflation
Economy

BOL Tightens Forex Controls, Promotes Kip Use to Curb Inflation

The Bank of the Lao PDR (BOL) will intensify monetary management, strengthen foreign exchange controls, and promote wider use of the kip to curb inflation and maintain macroeconomic stability. The central bank outlined specific monetary policies and measures to increase foreign currency inflows to meet its inflation target for 2026.

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