Name | Requirement for Foreign Exchange Exposure |
Description | Deposit Taking Microfinance institutions that have received the approval of the Bank of Lao PDR to accept foreign currency shall maintain an open position or difference of not more than 15% for a single foreign currency and of not more than 20% for all foreign currencies. |
Comments | - |
Validity From | 20-06-2008 |
Validity To | 31-12-9999 |
Reference | Article 49 |
Status | Active |
Measure Type | Numerical restrictions (operation / output) |
Agency Name | Bank of the Lao PDR |
Legal Document | Regulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 2008 |
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