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VIENTIANE (Laotian Times): The Bank of Laos (BOL) and 15 commercial banks signed a Memorandum of Understanding (MOU) with aims to establish a centralised foreign exchange market to stabilise the ...

While the Lao economy has improved slightly in 2024, macroeconomic instability continues to constrict growth. Most sectors show some signs of growth, but a weak kip and high inflation are eroding ...