Exchange Rate in Laos
Laos - Exchange RateGrowth likely remains robust, buttressed by the ongoing construction of the flagship Laos-China railway. Moreover, the recent start of operations at the 1285-megawatt Xayaburi Dam should be supporting the external sector, while merchandise exports were up over 9% in H1, which, coupled with modest import growth, caused the trade deficit to fall year-on-year. Less positively, however, the expansion in credit slowed considerably in Q1–Q3 compared to the 2018 average. Furthermore, growth in tourism arrivals was soft in H1, which has likely had a knock-on effect on the services sector and domestic demand. Moreover, international reserves are meager and have dipped so far this year, leaving Laos exposed to external shocks.
Laos - Exchange Rate Data
|Exchange Rate (vs USD)||7,938||8,035||8,122||8,161||8,196|
5 years of economic forecasts for more than 30 economic indicators.
Laos Exchange Rate Chart
Source: Thomson Reuters.
|Exchange Rate||8,795||0.31 %||Sep 04|
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