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[citation needed] From 1991–1993, the United Nations Transitional Authority in Cambodia stationed 22,000 personnel throughout Cambodia, whose spending represented a large part of the Cambodian economy. [citation needed] While the riel remains in common use in the provinces, the major cities and tourist areas heavily use the U.S. dollar. The ...
In Cambodia, US notes circulate freely and are preferred over the Cambodian riel for large purchases, [27] [28] with the riel used for change to break 1 USD. After the U.S. invasion of Afghanistan, US dollars were accepted as if legal tender, but in 2021 the Taliban government banned the use of foreign currencies.
US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador El Salvador Marshall Islands Micronesia Palau Panama Timor-Leste Andorra Monaco San Marino Vatican City Kosovo Montenegro Kiribati Nauru Tuvalu; Currency board (11) Djibouti Hong Kong ; ECCU Antigua and Barbuda Dominica
Change is often given in a combination of U.S. dollars and Cambodian riel. ATMs yield U.S. dollars rather than Cambodian riel) [45] [46] Canada (a modest amount of United States coinage circulates alongside the Canadian dollar and is accepted at par by most retailers, banks and coin redemption machines) Congo-Kinshasa (many institutions accept ...
In Cambodia, and in the regime of Hun Manet, it now has an “ironclad ally” beholden on its investment. Around 40% of Cambodia’s $10 billion foreign debt is owed to China.
Cambodia had a gross domestic product (GDP) of $28.54 billion in 2022. [18] Per capita income, although rapidly increasing, is low compared with most neighboring countries. Cambodia's two largest industries are textiles and tourism, while agricultural activities remain the main source of income for many Cambodians living in rural areas. [19]
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Why Vietnam invaded Cambodia: Political culture and the causes of war (Stanford University Press, 1999). Peou, Sorpong. "Cambodia in 2018: a year of setbacks and successes." Southeast Asian Affairs 2019.1 (2019): 104–119. online; Richardson, Sophie. China, Cambodia and the Five Principles of Peaceful Coexistence (Columbia UP, 2010) Smith, Roger.