NBC (National Bank of Cambodia)
ធនាគារជាតិនៃកម្ពុជា
Pronunciation: en-bee-cee
Cambodia’s central bank, the functional equivalent of the Bank of England or the Banque de France. Regulator of the banking system (licence issuance, prudential supervision), issuer of the Cambodian riel (KHR) and operator of the Bakong / KHQR national payment system.
Official site: nbc.gov.kh. The NBC publishes the official KHR/USD exchange rate (around 4,100 KHR for 1 USD, nearly unchanged since the 1990s) and banking statistics (money in circulation, deposits, credit).
Since 2020, the NBC has been leading de-dollarisation: progressive withdrawal of small USD bills (1 / 2 / 5 USD), promotion of payment in riel via KHQR.