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.
The app, called BAKONG, works with VISA cards, letting visitors transfer money from their accounts to the app. Payments can then be made by scanning QR codes at shops and other locations. Chea Serey, ...
During the early 20th century, the US dollar rose to become the leading global currency. Apparently, this status has been more evident in Cambodia than elsewhere. In 2016, the New York Times featured ...