Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Local currency: Cambodia to circulate new note

Local currency: Cambodia to circulate new note

Marking the 60th anniversary of Cambodian independence, a new 2,000 riel note was introduced into circulation over the weekend.

After Prime Minister Hun Sen signed the necessary sub-decree, the National Bank of Cambodia (NBC) announced the official release on Saturday, coinciding with Independence Day.

The front portrays the late King Father Norodom Sihanouk, while the back commemorates his achievement in gaining independence. They “are issued to commemorate the 60th anniversary of Independence Day, an important and historical day in Cambodia”, Chea Serey, director general of the NBC, said. She did not say how many new 2,000 riel notes were printed.

“The new notes are to replace the old 2,000 riel notes and will not increase money in circulation,” she said when asked whether issuing more notes could trigger inflation.

In May, a new 100,000 riel note was released.



Please, login or register to post a comment

Latest Video

Turkish Embassy calls for closure of Zaman schools

With an attempted coup against the government of President Recep Erdogan quashed only days ago and more than 7,000 alleged conspirators now under arrest, the Turkish ambassador to Cambodia yesterday pressed the govern

CNRP lawmakers beaten

Two opposition lawmakers, Nhay Chamroeun and Kong Sakphea were beaten unconscious during protests in Phnom Penh, as over a thousand protesters descended upon the National Assembly.

Student authors discuss "The Cambodian Economy"

Student authors discuss "The Cambodian Economy"

Students at Phnom Penh's Liger Learning Center have written and published a new book, "The Cambodian Economy".