KHR Market Update
05 Jun 2026 • 00:40 GMT
The Cambodian riel has been relatively stable against the US dollar over the past two months, trading near its 60-day lows close to 0.000249. Its range has remained narrow, fluctuating between 0.000248 and 0.000251, reflecting limited recent volatility. Despite global uncertainties, the USD is showing strength, supported by safe-haven demand amid ongoing geopolitical concerns and market volatility, especially with US macroeconomic data poised to influence its trajectory.
Against major currencies, the riel has also been stable. It is near its average against the euro, fluctuating in a tight range around 0.000214, and similarly steady versus the British pound and Japanese yen. Notably, the riel has gained slightly against the Indian rupee, trading near seven-day highs at around 0.023893, which is above its three-month average.
Overall, while the US dollar is expected to maintain a firm footing in the near term, the riel's recent stability suggests limited immediate change. Market focus remains on US economic indicators and global tensions that could impact currency movements in the coming weeks.