World Bank urges Laos to let kip follow market

VIENTIANE (Vientiane Times/ANN) – The World Bank has recommended that Laos let its currency follow the market as other nations cut interest rates in the wake of the US-China trade dispute.

World Bank Senior Economist, Mr Somneuk Davading, gave the advice during the launch of the latest edition of the Bank’s Lao Economic Monitor on Monday, which followed the US Federal Reserve’s cut in the interest rate to counter the impacts from trade tensions.

More…

 Somsack Pongkhao
http://annx.asianews.network/content/world-bank-urges-laos-let-kip-follow-market-102043

Ask Question
Report Problem
Share Idea
Send Feedback
Submit Resources

Do you have questions on the content published by Open Development Laos? We will gladly help you.

Have you found a technical problem or issue on the Open Development Laos website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Laos website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

View | Delete

File was deleted

ERROR!

Please add the code:

* The idea box couldn't be blank! * The email address is not valid! Something's gone wrong, Please Resubmit the form! Please add the code correctly first.

World Bank urges Laos to let kip follow market

Contact us

Thank you for taking the time to get in contact!