Exchange Rate in Laos
Laos - Exchange RateThe coronavirus pandemic and associated containment measures likely took a considerable toll on the economy in the first half of the year, hitting the tourism, transport and services sectors. The health crisis also seemingly dealt a blow to the job market in H1, exacerbating poverty. In better news, the country keeps lifting restrictions, supported by favorable health conditions as no new cases of Covid-19 were reported for over three months. That said, rising dengue cases pose potential downside risks to the recovery ahead. On the political front, at the beginning of July the government announced it will push ahead with a hydropower project on the Mekong River as part of the administration’s investment push in the hydropower and infrastructure sectors. The announcement raised concerns from neighboring countries due to its impact on fisheries and farming downstream.
Laos - Exchange Rate Data
|Exchange Rate (vs USD)||8,122||8,161||8,196||8,313||8,561|
5 years of economic forecasts for more than 30 economic indicators.
Laos Exchange Rate Chart
Source: Thomson Reuters.
|Exchange Rate||8,885||0.31 %||Jan 01|
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