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NBC Set for FAST Step Towards Riel Economy

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The central bank will launch its FAST system tomorrow, the first system offering real time transfers in riel across banks and Microfinance Deposit-taking Institutions (MDIs) – a move that will boost the local currency in a dollarized economy. The FAST (Fast and Secure Transfer) system introduces modern payment methods to the Kingdom, the National Bank of Cambodia (NBC) said in a statement yesterday.

For more on this story visit the following link: NBC Set for FAST Step Towards Riel Economy 

Source: Khmer Times

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