Lao central bank lowers interest rate to support financial stability

VIENTIANE, Feb. 23 (Xinhua) -- The Lao central bank will reduce its 7-day basic interest rate from 8.5 percent to 8 percent in a move aimed at maintaining monetary stability in Laos.

The measure was approved at the first Monetary Policy Committee meeting of 2026, which reviewed and assessed the performance of monetary policy instruments and discussed future policy directions, according to a report from the Bank