What is the type of currency of the Republic of Lao People's Democratic

What type is the currency of the Democratic Republic of Laos

Each country in this world tale, this story shorten situation which is by now, there's glory tales that made devastating the country's rise from the rubble to become the strongest and most importantly, there is a country that is still in decline because of some bad where some looters and thieves of its resources, who wants to build Do not destroy the other, thus promote the country to unite and cooperation between their children, some countries did not reach the power and importance that figured it out again, but the country's self-contained, and does not need to help other countries, may reach this country in one day to the glory and become the most powerful, and all this depends on the people of the country, it is better for lifting or inferiority to the top to the bottom. Our conversation in this article about the Republic of Laos.

What's Republic of Laos

Republic of Laos is located in the south-east of Asia, and the adjacent republic with five countries, it is the Middle neighboring Vietnam, and the West neighboring Thailand, and North China, Burma and southern Cambodia, Laos was among the Chinese colony India, which gained independence from French occupation in 1954 , and then became a constitutional monarchy and then turned to the communist regime until it became the Republic party and one ruler; dwell Republic of Laos 6 million people, the lowest state in terms of population in East Asia and compared with the population of its neighboring countries, and the Republic of Laos is landlocked and covers the mountains 70 % of its territory, but the presence of the Mekong River, which crosses from the north until the south is the lifeline to her, it is the only source of energy and is used as a means of transport by ship, and a source of livelihood for the population, and is considered the Republic of Laos is ranked 32 in the world according to the total renewable water resources, capital of the Republic is Vientiane city's largest cities.

The history of the Republic of Laos

Republic of Laos history dates back to 1000 years, where the exploration workers detects traces of stone tools and skulls and skeletons confirmed the long history of mankind this country, where the people of Laos is one of the first people that have been used in the iron industry. The history of Laos to the kingdom because Oxang It is the first major Mamluks founded by King Fangon, King was able to unite the small Dwyladtha which was ruled by princes, and was able Kingdom Oxang of building good political and military system, where the king was at the head of 10 thousand soldiers, and continued to rule the kingdom until the year 1694 m, and the kingdom was divided after the competitions on the throne and led to the division of the kingdom into three separate kingdoms which the Kingdom of Luang Wrabang, and the Kingdom of Vientiane, Champassak and the Kingdom.

In the colonial period joined the Kingdom of Luang Wrabang after the destruction of the French colonies in Indochina, and then was annexed kingdom of Champassak, and during World War II, the region occurred in the grip of the Japanese occupation, did not the Japanese occupation long as the country declared its independence in 1945 after he defeated Japan in the war, it was re-zone to control the French in 1950 at the hands of General Charles de Gaulle, were announced Laos state within the French Union remained the situation four years ago French control, and then was granted Laos full independence and became a constitutional monarchy with the king of Vientiane. After being the Granting of Independence of the Republic of Laos from French colonialism through the Geneva Convention, began Pentagon support of the Royal Army program, France has sent military missions to train the Royal Army, and in 1960 the Captain Kong me an officer in the Royal Army job coup and overthrew the pro-Western government and it was his demand for the establishment of a neutral government, and the then civil war lasted a whole year, and in 1962 was an international conference in Geneva attended by 14 countries, it was agreed to form a coalition government, comprising ministers from all spectra, and insisted Convention at the exit of foreign forces from Laos . In 1963, fighting back again, and lasted seven years, after the Communist withdrawal Sauvanovong from the government, and intensified fighting between Alebattat Lao and government forces, and in 1973 it was agreed between the Government of Laos and Alebattat Lao on the cease-fire, and the formation of a coalition government, and in 1974 was the establishment of a new government, and a year after the demonstrations in favor of the Communists, forced a large number of government employees is the Communists to leave their posts, and replaced them Bshiuaaan until the government came under the control of the Communists, and after the Vietnam War ended in 1975, South Vietnam fell to the communists, and at the same time; Communists managed to take control of Cambodia, and Lao took control Alebattat to Laos became a Communist state, was a constitution of Laos in 1991.

The currency of the Republic of Laos

Called currency Laos (Cape) which is the official currency of the Republic of Laos, was released in the year 1945, as one US dollar is equal to 8071.68 Cape Osei, but one of the Cape Osei equals US $ 0.0001.

Laos economy

Laos's economy grew rapidly after the decentralization of the government to encourage private enterprise, in the year 1986, and played an important role regionally in the supply of hydroelectric power to neighboring countries such as China and Vietnam, and in 2011 was the opening of Laos Stock Exchange, however, Laos is one of the poorest countries of East Asia, where they suffer from bad infrastructure and the hands of unskilled labor, and the average annual income per capita in 2009 to US $ 2300.

The Laos of countries that depend on agriculture for its economy, where he works in agriculture, almost 85% of the population and contributes 51% of the gross domestic product of the Republic, and more crops that depend on them for Laos is rice crop where depended on the degree of the high temperature and the abundance of water and mountains provide high and appropriate areas for the cultivation of rice, has been forced Laos to rely on foreign aid, and take credit for the development of agricultural production of vegetables and tobacco, sugar cane, and-Oadha- for animal husbandry and poultry, and loans and grants rate until the year 1999 to 20% of GDP and 75 % of the total public investments.

The tourism Laos has given the citizens of Russia, Korea, Japan, Malaysia, Singapore and the Philippines entry visa free, while the other, are a visa from the consulates and embassies its subsidiaries in overseas countries issuing the visa for fifteen days -vqt- The tourism has made of the Republic of Laos significant growth. In 1990 visited Laos 80,000 foreign visitors, some statistics indicate that in 2010 the number rose to 1,876,000 visitors, and there are expectations of higher until Laos income reaches of tourism to the billion and a half US dollars, and thus will provide more than 10% of the jobs for the citizens of Laos .

In terms of the environment; the Laos suffers from significant environmental problems, especially deforestation and the expansion of the commercial exploitation of their forests, and the lack of infrastructure of the Republic of Laos, making them suffer more, and makes it one of the poorest countries, although there are some good and positive such as tourism aspects, however, there and bad aspects need to be changed, the mountainous nature of the Republic of Laos to make very difficult to navigate, so Laos's population depends on the river as a major means, and navigate through it by boat is wooden.