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Cambodian exports to the US for the first 11 months of 2012 reached $2.49 billion, a 1 per cent increase year-on-year. Its imports of US goods grew 26 per cent for that period, reaching $213 million. Another factor underscoring the potential of the Cambodian economy is the recent halving of its poverty rate.
Estimates of the number of Chinese experts in Cambodia after that time ranged from 500 to 2,000. The policy of self-reliance also meant that the government organized the entire population into forced-labor groups to work in paddies and on other land to help the country reach its goal of food self-sufficiency.
In June 2020, the National Bank of Cambodia announced the phaseout from wide circulation of small U.S. dollar banknotes of $1, $2 and $5. [4] This is aimed at reducing the cost of keeping the smaller US notes in circulation, as well as increasing the use of the riel in lieu of these notes. [ 4 ]
In order to boost the riel, and avoir the dependency on the dollar, Chea Serey also promoted the use of the Chinese yuan in trade with China, as similar arrangements are being pursued with Asean nations, particularly Thailand and Vietnam, [23] while continuing to encourage the preferential use of the Khmer riel.
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2.5 May. 2.6 June. 2.7 July. 2.8 August. 2.9 September. 2.10 October. 2.11 November. ... List of years in Cambodia: The following lists events that happened during ...
Today's Wordle Answer for #1260 on Saturday, November 30, 2024. Today's Wordle answer on Saturday, November 30, 2024, is DOGMA. How'd you do? Next: Catch up on other Wordle answers from this week.
Chinese military vessels have been rotating through Ream since a Beijing-funded upgrade started in June 2022. Cambodia has denied reports of a secret deal with China to station its forces at the base.