Cambodian Stock Market Finally Used Local Currency

Cambodian Security Exchange yesturday said the currency would be used Rield in its market, a press release said. 

Cambodian Security Exchange are going to start in July this year and under suggestion of Prime Minister Hun Sen, Riel will be used at the stock, it said.

Riel and US dollar is the hot topic of the future currency for the Cambodian Security Exchange. Some economist said it could be used Riel, local currency because CSE is Cambodian while the other said it could be used USD Dollar because of dollarization in the kingdom.

Based on this, in the begining  CSE will be used US dollars for 3 years and then it will be used Riels, it said.

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