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Why Cambodia’s central bank likes renminbi debt and gold

Richard Morrow
The National Bank of Cambodia has seen its reserves swell by 20% to 30% a year. That’s leading it to invest in US Treasuries but also renminbi bonds and gold.
Why Cambodia’s central bank likes renminbi debt and gold

The National Bank of Cambodia (NBC) is seeing its foreign currency reserves rise by 20% to 30% a year, courtesy of sustained foreign direct investment (FDI) into the country, and it aims to continue adding these funds to its existing investments.

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