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NameRequirement for use of foreign currency within the Lao PDR
DescriptionBusinesses 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 From22-12-2014
Validity To31-12-9999
ReferenceArticle 10
StatusActive
Measure TypeOther measures
Agency NameBank of the Lao PDR
Legal DocumentLaw on the Management of Foreign Currency No. 55/NA, dated 22 December 2014
This measure applies to Service