The Bank of Sierra Leone has on the 15th of December 2023 released the official foreign exchange rate in the country.
The rates include the cost of buying and selling major foreign currencies including Pounds Sterling, Euros, and United States Dollar, amongst others.
The Central Bank’s disclosed rates are as follows:
Pounds Sterling: Buy at Le 28.718-0.35, Sell at Le 29.01588-0.35
• U.S. Dollars: Buy at Le 22.531-0.06, Sell at Le 22.7575
• Euro: Buy at Le 24.4891-0.15, Sell at Le 24.7302-0.15
Note: The Movements in the exchange rate influence the decisions of individuals, businesses and the Sierra Leone government. Collectively, this affects economic activity, inflation and the balance of payments.
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It looks like things are going too crucial to handle for our leaders