In April 2023, there was a notable 12.69% increase in reserve money owned by the government of Sierra Leone. This increase was primarily due to a boost in the Bank of Sierra Leone (BSL)'s net domestic...
The Bank of Sierra Leone has cautioned Flexi Group Limited Trade Company that is located at Jui Junction, Western Rural District. The Central Bank cautioned Flexi Group after they found out that the Group...
The Bank of Sierra Leone have indicated their intention to institute strict measures against recurrence of inflation. Sierra Leone recorded rising inflation and dwindling in value of its local currency...
Sierra Leone's banking sector has demonstrated stability and satisfactory capitalization, meeting the minimum requirements set by the Bank of Sierra Leone (BSL) in most key financial indicators. However,...
The Bank of Sierra Leone attributed the appreciation of the Leones as against other foreign currencies to election-related activities and dwindling of the demand for foreign currency. The Central Bank,...
The Acting Bank Governor of the Bank of Sierra Leone, Dr. Ibrahim L. Stevens published a Monetary Policy statement after having a meeting with other committee stakeholders on 6 July, 2023. Dr. Stevens,...
The Sierra Leone Government has devised a new project to cushion the effect of the US Dollar against the local currency, Leone. On July 5, the Ministry of Finance said that all new projects special...
Sierra Leoneans were left bemused several days ago after the US Dollars for the first time in more than a year plummeted against their local currency, Leones. According to Exchange Rate Guru, the 100...
The Salone Payment Switch (SaPS) is part of the Sierra Leone Financial Inclusion Project, which aims at making banking and financial transactions very easy and comfortable for customers. This Project...
In a significant move aimed at addressing the rampant inflation and weakened local currency, the Bank of Sierra Leone (BSL) has officially allowed the payment of certain goods and services in foreign currencies...
