Name | Requirement for use of foreign currency within the Lao PDR |
---|---|
Description | Businesses operating in the Lao PDR may use foreign currency for the objectives prescribed by law, which include paying for goods imported from abroad and repaying foreign loans and other commercial credit, but shall use the kip except otherwise authorised by Government. |
Comments | - |
Validity From | 22-12-2014 |
Validity To | 31-12-9999 |
Reference | Article 10 |
Status | Active |
Measure Type | Other measures |
Agency Name | Bank of the Lao PDR |
Legal Document | Law on the Management of Foreign Currency No. 55/NA, dated 22 December 2014 |