The designs of Vey Pisey (left, came in second) and winner Hem Somalika (right) were espeically convincing to the judges. DESIGNS SUPPLIED
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.
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