As the Leone to Dollar exchange continue to hit rocket high The Bank of Sierra Leone has in a release informed the general public that it will embark on the next Wholesale Foreign Exchange Auction which will take place on Wednesday 5th October, 2022.

This next Whole sale foreign exchange auction will be the 123rd auction of the bank of sierra leone

The Bank of Sierra Leone will offer to sell an amount of US$8,000,000.00 (Eight Million United States Dollars) to Commercial Banks through the Competitive Window of the auction on Wednesday 5th October, 2022.

The bank of sierra Leone in the release state that Bids from all Commercial Banks should be submitted through the Thomson Reuters/Refinitiv Trading platform in multiples of US$100,000.00 up to a maximum amount of US$1,000,000.00 (One Million United States Dollars) per Bank.