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USDLAK

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1d
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1m

Analysis and statistics

  • Open
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  • Previous Close
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  • 52 Week Change
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  • Dividend Per Share
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  • Market cap
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About

USDLAK.FOREX refers to the exchange rate between the United States dollar (USD) and the Lao Kip (LAK) in the foreign exchange (FOREX) market. It represents the price of one USD in terms of LAK, indicating how many Lao Kip are needed to purchase one United States dollar. This symbol is used by currency traders and financial institutions to track and trade this specific currency pair.

Factors

Economic Growth: Strong US growth can strengthen USD.

Interest Rates: Higher US rates attract foreign capital, boosting USD.

Inflation: Rising US inflation weakens USD if it erodes purchasing power.

Political Stability: Instability in Laos may weaken LAK relative to USD.

Trade Balance: A US trade surplus strengthens USD.

Central Bank Policy: US Federal Reserve actions influence USD value.

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