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VIENTIANE, Jan 14 (Laotian Times): The Bank of the Lao PDR (BOL) issued a notice on Friday (Jan 13) instructing 113 exchange businesses affiliated with commercial banks to suspend their operations.
The notice states that the BOL has revoked the business licenses of the 113 exchange businesses that are associated with six commercial banks in the country. It also instructed the banks to discontinue their contracts with these businesses.
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