VIENTIANE (Vientiane Times/Asia News Network) The Bank of the Lao PDR (BOL) has made changes to its reserve requirement level and base interest rate, as announced by the bank’s governor.
The move is aimed at reducing the amount of money in circulation and curbing the spiralling inflation rate, which was recorded at 9.9 per cent in April.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
