The National Bank of Cambodia will hold its sixth liquidity-providing collateralised operation (LPCO) on March 21 with 40 billion riel ($9.89 million) available to Cambodian financial institutions in need of liquidity, it said in a press release.
The central bank introduced its LPCO mechanism in last October as a way of increasing local currency liquidity while moving towards the establishment of a benchmark interest rate. p
Contact PhnomPenh Post for full article
SR Digital Media Co., Ltd.'#41, Street 228, Sangkat Boeung Raing, Khan Daun Penh, Phnom Penh, Cambodia
Tel: +855 92 555 741
Email: [email protected]
Copyright © All rights reserved, The Phnom Penh Post