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,...
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...
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...
Several African countries, including Kenya, Sierra Leone, Egypt, Zimbabwe, Nigeria, Ghana, and Zambia, are currently experiencing shortages of US dollars. The dollar is the dominant currency in international...
Popular Sierra Leonean social media influencer and communication specialist, Vickie Remoe has probbed voters’ intuition ahead of the June 2023 elections. Remoe was concerned as to voter’s choice...
The National Negotiations Board (JNNB) has agreed to an increase in the minimum wage to NL800 Per month, effective 1 April 2023, if their is no objection within the 21 day of the document being laid in...
Sequel to the just concluded extraordinary meeting held in Washington DC on 2nd November 2022 between the United States Federal Reserve Bank, Office of the Comptroller of Currency, IMF, World-Bank and...
It is unarguably true that a US Dollar rate has adversely increased in Sierra Leone over a short period of time. As it stands now, One hundred US Dollar ($100) has risen to a range between one million...
The leone has depreciated 21.7% against the dollar this year, according to Bloomberg data, making it the world’s ninth-worst performer. In July, Sierra Leone slashed three zeros from its banknotes...
The Bank of Sierra Leone (BSL) has announced that the next Wholesale Foreign Exchange Auction will take place on Wednesday 28th September, 2022, in which Commercial Banks will bid through the competitive...
