VIENTIANE (Vientiane Times/Asia News Network): The Lao kip has plunged to a record low in recent days against the US dollar and Thai baht despite the government’s attempts to stabilise currency exchange rates.
The value of the national currency has nosedived since the end of March, the Governor of the Bank of the Lao PDR, Sonexay Sitphaxay, told National Assembly members this week.
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