The National Bank of Cambodia (NBC) has taken decisive action to address the pervasive issue of torn and damaged US dollar notes circulating in Siem Reap. This problem has long been a source of inconvenience for residents and businesses alike, as torn notes are often refused by vendors and can complicate everyday transactions.

In response, NBC has issued directives to local banks and financial institutions, mandating the acceptance and replacement of these damaged bills. This initiative aims to ensure that all US dollar notes, regardless of their condition, remain in active circulation, thereby enhancing the efficiency and reliability of financial transactions within the region.

By facilitating the smooth exchange of torn notes, NBC not only seeks to alleviate the immediate inconveniences faced by the public but also to uphold the integrity and trust in the local monetary system. This move is particularly significant in Siem Reap, a major tourist destination where seamless financial transactions are crucial for both locals and visitors.

The effort to manage the torn notes issue reflects NBC’s broader commitment to maintaining a robust and efficient financial system. This step is expected to provide relief to many who have struggled with the issue and will likely have a positive impact on the local economy by ensuring that currency flows without unnecessary interruptions.

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