Cambodia Denies New Banknotes Signal Financial Woes, Cites Over $2.5 Billion in Reserves
Economy

Cambodia Denies New Banknotes Signal Financial Woes, Cites Over $2.5 Billion in Reserves

Cambodian Senate President Hun Sen has dismissed speculation that the issuance of new banknotes signals financial difficulties, emphasizing treasury reserves exceed $2.5 billion. The central bank also refuted claims of financial strain at some institutions. Experts suggest new banknotes are routine, potentially boosting Riel circulation in a dollarized economy.

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