Macroeconomic Forecast Cambodia

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We are optimistic that the depreciation of the Cambodian riel in recent months will benefit its tourism industry and exports going forward. The weakening currency , which is trading at 4226 KHR/US$ as of June 29 endorses our view of a pickup in economic activity for Cambodia in 2010. We believe the tourism sector in particular will be the main beneficiary of the weaker currency as tourists find Cambodia becoming increasingly attractive as a holiday destination.