Favourable foreign ownership laws, a U.S Dollar based economy, rental returns of up to 10% per year, and high yields are just a few reasons why Cambodia is a great investment destination.
As more Chinese investment and trade enter Cambodia, the usage of yuan is expected to grow as banks facilitate cashless transactions
The Chinese yuan (CNY) would appreciate against the US dollar (USD) in the following 12 months due to a more dovish U.S. Federal Reserve and anticipated trade deal between the United States and China, according to the latest research note by Swiss multinational investment bank UBS AG.
Although dollarisation remains high in the Kingdom, the circulation of Khmer Riel is gradually increasing to meet rising transactional needs. Currently, the market share of the riel is 10 percent of the gross domestic product (GDP).