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Hosted on MSNLaos Is Turning to Its Neighbors to Loosen China's Economic GripLaos is heavily indebted to and economically dependent on China. Could Vietnam and Thailand offer a way out of its conundrum?
VIENTIANE: The Lao central bank, the Bank of the Lao PDR (BOL), is strengthening foreign exchange management to boost the ...
VIENTIANE (Xinhua): Depreciation of the Lao currency kip and skyrocketing inflation are the prime motives for Lao people to seek jobs in neighboring countries, resulting in labor shortages in Laos.
VIENTIANE, Jan. 31 (Xinhua) -- The Lao central bank, the Bank of the Lao PDR (BOL), is strengthening foreign exchange management to boost the value of the Lao kip and ensure currency stability ...
with its currency depreciating and inflation averaging 25 percent over the past three years. The COVID-19 pandemic exacerbated Laos’ economic problems, but their underlying source is well ...
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