Currency (code): kip (LAK) Exchange rates: kips per US dollar - 9,658 (2007), 10,235 (2006), 10,820 (2005), 10,585.5 (2004), 10,569 (2003) Fiscal year: 1 October - 30 September CommunicationsLaosTop of Page Telephones - main lines in use: ...
Debt - external: $2.49 billion (2001) Currency (code): kip (LAK) Currency code: LAK Exchange rates: kips per United States dollar - 10,820 (2005), 10,585.5 (2004), 10,569 (2003), 10,056.3 (2002), 8,954.6 (2001) Fiscal year: 1 October - 30 September Transportations...
accounts for about 20% of GDP and 73% of total employment. Recently, the country has faced a persistent current account deficit, falling foreign currency reserves, and growing public debt.Laos' economy is heavily dependent on capital-intensive natural resource exports. The economy has benefited fro...
Foreign exchange rates in Laos VIENTIANE, Oct. 26 (Xinhua) -- The following are the main foreign exchange rates against Lao kip issued by the Banque Pour Le Commerce Exterieur Lao (BCEL), here on Wednesday: Currency Unit Buying Selling U.S. dollar 1 8,126 8,164 Thai baht 1 233.27 235....
GDP (official exchange rate): This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at official exchange rates (OER) is the home-currency-denominated annual GDP figure divided by the bilateral av...
CurrencyRate USD/LAK22,080.0000 EUR/LAK24,231.7823 GBP/LAK28,960.1280 »LAK EXCHANGE RATES Today: 6 October 2024 Silver Price in Laos GRAM OZ TOLA KILOGRAM Silver Price/gramSilver/LAKHighLow↑↓ (999)Silver Price per Gram22,86022,86022,8590 ...
(see table below) to a commercial bank in Laos. This foreign currency exchange must occur within three working days of receiving the foreign currency into the dedicated bank account in Laos. The selling rate will be determined by the prevailing rate of the commercial bank on the day of the ...
Currency Unit Karat Gold price is updated at Friday 18 October 2024, 08:05 pm, GMT (Saturday 19 October 2024, 03:05 am, Vientiane time)Current Rate 1,921,585.79 LAK/gm Bid Price 1,921,344.70 LAK/gm Ask Price 1,921,826.89 LAK/gm Open Price 1,914,080.08 LAK/gmThe...
The dollar rate, as dignified by foreign currency credits as a ratio of wider money, reduced from 76% in the year 2000 to nearly 40% in the year 2013. Foreign exchange assets are unstable, wrapping lower than the suggested 3 months of the imports. In March 2014, reserves covered ...
Additionally, the exchange rate of the Lao kip against major currencies, particularly the US dollar, impacts gold pricing. A weaker kip generally leads to higher gold prices in Laos, as it takes more local currency to purchase the same amount of gold....