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Home ASIA Cambodia

National Bank of Cambodia (NBC) to auction $20 million on Monday

September 21, 2021
in Business, Cambodia, National
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National Bank of Cambodia (NBC) to auction $20 million on Monday
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The National Bank of Cambodia will put up for auction $20 million on September 20. This is according to a notification from the National Bank.

According to the notification from the National Bank of Cambodia on the auction of US dollars

The National Bank of Cambodia (NBC) will put up for auction, $20 million on March, according to the Bank. This September 20, 2021.

The National Bank of Cambodia states that the minimum bid rate will be announced in the morning of the actual bidding date.

The National Bank of Cambodia (NBC) regularly auctions US dollars to stabilise the local currency exchange rate in the market.

The US dollar auction will be attended by banks and financial institutions and money changers.

This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.

Tags: Bank of CambodiaCambodiaNational Bank of CambodiaNBC
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