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Cambodia’s central bank releases 40 billion riel

Cambodia’s central bank releases 40 billion riel

The National Bank of Cambodia yesterday held its 13th liquidity-providing collateralised operation, making 40 billion riel ($9.89 million) available to financial institutions in an auction in which repurchase agreements, or repos, were signed for 2 billion riel ($500,000).

Only one financial institution made a successful bid during the auction, receiving funds at an interest rate of 3 percent, NBC said in a release.

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