Online Forex trading in Laos operates under strict foreign exchange management regulations administered by the Bank of the Lao PDR. The Law on Foreign Exchange Management defines principles and measures regarding foreign exchange businesses and transactions to ensure the stability of the Lao Kip and expand economic cooperation with foreign nations. Individual and legal entities conducting foreign exchange business must obtain proper licensing from the Bank of the Lao PDR after registering with the Ministry of Industry and Commerce (1).
The regulatory framework has evolved significantly over the years to enhance oversight and control of foreign currency activities. In 2004, the Bank of Lao PDR introduced the Regulation on Management of Foreign Exchange Businesses, allowing entities to apply for currency exchange business licenses. Subsequently, the Law on Foreign Currency Management was enacted in 2014 and amended in 2022 to more strictly enforce regulations on usage, import-export, and trading of foreign currencies in the country (2).
"This law defines the principles, regulations and measures regarding to the effectiveness and accuracy of activities, management, and monitoring of foreign exchange businesses and transactions to ensure the stability of the Lao Kip, to promote the circulation of domestic goods and currency."
Foreign exchange transactions must be conducted exclusively through commercial banks in Laos, as the government terminated all independent currency exchange bureaus in January 2023. The Bank of the Lao PDR applies a market-based foreign exchange system managed by the government, setting daily reference rates for commercial banks to define their exchange rates. Residents and non-residents are permitted to possess foreign exchange from legal earnings by holding or opening bank accounts at commercial banks within the country (1).
Source:
https://www.bol.gov.la/en/fileupload/14-06-2019_1560480906.pdf
https://vdb-loi.com/laos_publication/the-development-of-foreign-exchange-management-in-the-lao-pdr/
Last updated: 15-10-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
