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flag Bank of Lao PDR raises interest rates on kip and foreign currency deposits to combat inflation.

flag The Bank of Lao PDR (BOL) raises interest rates on Lao currency kip and foreign currency deposits to combat inflation. flag The decision follows an earlier interest rate increase in June and aims to address inflationary pressures and improve foreign currency management. flag Laos' economy remains sensitive to global economic conditions due to currency imbalances and excessive credit growth.

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