Laos Relies Solely On Banknotes Amid Inflation
Attempts to introduce reserve coins in Laos have failed due to rapid devaluation caused by inflation. The country's monetary circulation is currently maintained exclusively through banknotes. These notes are printed at Russian Goznak printing houses.
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Sources · 7 independent
Kommersant FM
“Попытки введения резервных монет оказались безуспешными, поскольку стремительно обесценивались из-за инфляции. Денежное обращение в стране обеспечивается исключительно банкнотами.”
CRI News Radio
“Laos Relies Solely On Banknotes Amid Inflation”
CRI News Radio
“老挝因通货膨胀而仅依赖纸币。”
CRI News Radio
“老挝因通货膨胀而仅依靠纸币作为交易媒介。”
CRI Huayu Global
“Laos relies solely on banknotes amid inflation.”
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