INTERNATIONAL: The Technical Director-General of the National Bank of Cambodia told reporters on the occasion of the 42nd Anniversary of the Riel Day. The riel was re-issued on March 20, 1980 - March 20, 2022, according to a survey conducted by the National Bank of Cambodia. In the city, the use of the dollar is still high, but what we are interested in is the use of the riel in a special electronic payment system. In the Bakong system introduced by the National Bank of Cambodia, there are more and more riel payments and users in the system This has grown by nearly eight million.
Ms. Chea Serey said, "I hope that by launching the Bakong system or this electronic payment system will make payments Riel is easier because people nowadays often complain that they spend a lot of riel or have a lot of zeros, it is difficult to count and so on. On the part of the National Bank of Cambodia, we are trying to make the new banknotes more attractive. "This electronic system will make it easier for people and easier to see on paper."
According to the senior management of the National Bank of Cambodia, as of the fourth quarter of 2021, operations in the Bakong system There are 3.4 million transactions, valued at about $ 1.3 billion, and the National Bank of Cambodia's Cambodia has nearly 8 million users.
"I hope that our Cambodian youth will continue to support the use of the riel more than ever before," she said. Disseminate and raise awareness among young people about the value of the riel, especially at the National Bank of the United States Museum. Wat Phnom, we are interested that young people want to know more. This is a positive sign for promoting the use of the riel in Cambodia. "
According to Lok Chumteav Chea Serey, the use of the riel is increasing, it shows national pride, when there is more use of the riel, it makes The National Bank of Cambodia has the ability to make more monetary policy.
On the occasion of the 42nd riel day of the re-introduction of the riel, Mr. Sum Sannith, Deputy Governor of the National Bank of Cambodia said. That the Royal Government and the National Bank of Cambodia have launched a policy to promote the use of the riel, especially since the early 2000s after the macro situation the economy is better balanced. With the implementation of these policies, combined with the participation of all stakeholders, the volume of the riel in circulation has steadily increased as the value of the riel has Better stability, which reflects the growing demand for the riel in use. But the practice of using the US dollar has also deepened the economy and society, especially the mindset of the people, which will continue. Requires additional involvement
Deputy Governor of the National Bank of Cambodia said that the riel is our currency and the participation in the use of the riel is like a direct and indirect contribution to Defending and strengthening national economic sovereignty, national identity, and economic and social progress, as Samdech Akka Moha Sena Padei Techo Hun Sen has said the nation is part of building the sovereignty and economic power of the state. "To promote the use of the riel in the economy in order to develop the economy effectively and sustainably, I would like to call on ministries, institutions, factories, enterprises, financial institutions, the general public, and all stakeholders to continue. Contribute to the use of the riel in its operations, such as through payments, price tagging, and savings in riel" as well as providing more favorable conditions for the use of the riel, which is our only national currency."
