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The challenge of promoting the use of the riel is not just one of monetary policy. It also touches on questions of Cambodian national identity.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

about Cambodia’s new “bakong” central bank digital currency and payments system. They provide a thought-provoking look at how small economies can use CBDCs to leapfrog their otherwise ...