BANGKOK (AP) - The Central Bank of Laos has added a 1000-kip banknote to the nation's
currency, the Laotian state news agency said on May 4 Previously, the largest note
in circulation had a value of 500 kip.
The bank created the new 1,000 kip note-worth U.S.$1.39 at the official exchange
rate-to ease trade transactions "in face of the growing economic activities"
in Laos, the KPL news agency report monitored in Bangkok said.