Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
Cambodia has embarked on an ambitious project ... Today, the dollar is still the most widely used currency, with riel being dished out as change for anything less than $1. Its usage is limited ...
Currency value is believed to be the ultimate symbol of the strength. Here is a list of the world's 10 weakest currencies in 2024.
The challenge of promoting the use of the riel is not just one of monetary policy. It also touches on questions of Cambodian national identity.
Each of these factors has had a detrimental effect on the currency. The primary reason behind the weak Cambodian Riel is the Country's high dollarisation. In the late 80s and early 90s ...