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NBC Set for FAST Step Towards Riel Economy


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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