The recent monetary policy statement issued by the Bank of Sierra Leone has revealed that inflationary pressures have remained persistent since their previous MPC Meeting due to the demand and supply side...
The Bank of Sierra Leone has announced a hike in the Monetary Policy Rate (MPR) by 2 percentage points, increasing it to 21.25 percent. This decision was revealed in a recently published document following...
The Bank of Sierra Leone has on the 2nd of October 2023 released the official foreign exchange rate in the country. The rates include the cost of buying and selling major foreign currencies including...
Abu Dhabi-based company, Oumolat Security is expressing partnership and cooperation with the Sierra Leone Central Bank. The public was aware of this after a recent visit by the United Arab Emirates (UAE)...
The Bank of Sierra Leone has issued a Public notice on the offshore – trading of foreign currencies for the Leone today , 19th September 2023. The said Public Notice Reads “In consultation with the...
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,...
