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Last updated March 9, 2022
Created March 9, 2022
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Name The​ importance​ of​ the​ Riel​ to​ Cambodia [English]
Description

Riel​ is​ important​ for​ the​ following​ reasons:​ (1)National​ pride​ and​ solidarity,​ (2)​ Price​ stability​ promotion,​ (3)​ Transaction​ costs​ reduction,​ (4)​ Trade​ promotion,​ (5)​ Increase​ investments​ and​ job​ creation,​ (6)​ Infrastructure​ and​ social​ welfare​ promotion,​ (7)​ Financial​ inclusion,​ (8)​ Foreign​ reserve​ accumulation,​ (9)​ Cash​ printing,​ (10)​ Counterfeiting​ prevention.

Resource's languages
  • English