Comments on: Gas Container http://www.vuthasurf.com/2007/07/gas-container/ Cambodian News - Khmer News | Cambodian economy Fri, 10 Feb 2012 09:06:10 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: vutha http://www.vuthasurf.com/2007/07/gas-container/comment-page-1/#comment-25920 vutha Thu, 19 Jul 2007 04:25:41 +0000 http://www.vuthasurf.com/2007/07/21/gas-container/#comment-25920 I agree with u when people are paid salary in dollar. But it affects the civil servants who received monthly salary in Riel. For NGO staff, it does not matter because they are paid salary in $$$$. For example, I get 20,0000 Riel per month. I can buy gasoline amounted to 50L (1L=4000 Riel) this month. Next mouth, oil price increases from 4000 R/L to 4200R/L. So I can buy only 48.78L. So that amount of gasoline i bought was decreasing from month to month due to increase in oil price. I agree with u when people are paid salary in dollar. But it affects the civil servants who received monthly salary in Riel. For NGO staff, it does not matter because they are paid salary in $$$$.

For example, I get 20,0000 Riel per month. I can buy gasoline amounted to 50L (1L=4000 Riel) this month. Next mouth, oil price increases from 4000 R/L to 4200R/L. So I can buy only 48.78L. So that amount of gasoline i bought was decreasing from month to month due to increase in oil price.

]]> By: borin http://www.vuthasurf.com/2007/07/gas-container/comment-page-1/#comment-25918 borin Thu, 19 Jul 2007 04:09:33 +0000 http://www.vuthasurf.com/2007/07/21/gas-container/#comment-25918 Actually there are many fators contributing in rising of gasoline price. There is only one factor that people did not talk about in Cambodia. Actually the gas price its self do not rise that much, it is the exchange rate. The US dollar value deprecaited against other currency, gold, and commodity products such as oil. <a href="http://borin.ws/?p=525" rel="nofollow">Cambodian is dollarized economy</a> so the change in dollar value will effect cambodia economy. Actually there are many fators contributing in rising of gasoline price.

There is only one factor that people did not talk about in Cambodia. Actually the gas price its self do not rise that much, it is the exchange rate. The US dollar value deprecaited against other currency, gold, and commodity products such as oil.

Cambodian is dollarized economy so the change in dollar value will effect cambodia economy.

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