Laos Keyword: the Bank of Lao PDR (BOL)

March 14, 2024

On 7 March 2024, the Bank of the Lao PDR (“BOL”) issued Decision on the Management of Foreign Currency Revenue from Goods and Services Exports No. 333/BOL (“Decision 333”) to manage foreign currency revenue from export activities and build foreign currency flexibility into the banking system. Export operators are required to import the payments (in […]