Exchange Rate in Laos
Laos - Exchange RateThe economy has likely grown at a brisk pace so far this year. Construction linked to the flagship Laos-China railway should be boosting investment. Moreover, tourist arrivals appeared to remain healthy in H1 thanks to the Visit Laos-China 2019 tourism campaign, although a decline in Korean visitors could have dampened tourism revenue. Turning to H2, in early September the Nam Ngiep hydropower plant started operations, while the Xayaburi hydropower dam is scheduled to come online in October, which should be a boon for energy exports; however, the government’s temporary suspension of new infrastructure projects, as a part of its fiscal consolidation efforts, could cap investment spending.
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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