The Bank Governor of Sierra Leone, Dr. Ibrahim Stevens has announced "NLe" as the official abbreviation for the country's re-dominated currency. This announcement comes after months of debate following...
In a recent interview on the popular "Good Morning Sierra Leone" program on Radio Democracy 98.1, the Central Bank Governor of Sierra Leone, Prof. Keifala Kallon addressed the redenomination of the Leone,...
Following the launch of the new Sierra Leone Leones in the country, a video has surfaced on Social Media showing the manufacturing of fake new Leones. In the video, an unidentified man is seen making...
Countries with lowest currency value in Africa: If you live in a nation where the cost of things goes up by the day, then you will know that your currency is weak. But what makes a currency weak? In this...
The New Leones currency (Le) is all set to be in Circulation very soon to replace the Old Leones (Le) and Constance Cummings-John will be on the New 20 Leones Note. Constance Commings-John was born...
Central Bank Governor, Professor Kelfala has explained the reasons why the Bank of Sierra Leone decided to re-denominate the nation’s currency (the Leone), placing a new family of currency notes and...
The value of the Leone depreciated in August 2021 against the USD Dollar by 0.48%, according to Bank of Sierra Leone. The mid exchange rate stood at $1 = Le10,258.18 on July 30 and $1=Le10,307.12 on...
The First Law of Economists: For every economist, there exists an equal and opposite economist. The Second Law of Economists: They’re both wrong. It’s no wonder that economists tend to get such...
Three months from now, the current currency will be replaced by a new one. Demonetization of the currency means discontinuity of the current Leone from circulation and replacing it with a new currency. The...
Pursuant to Section 30 of the Bank of Sierra Leone Act 2019, the Bank Governor of the Central Bank of Sierra Leone, Professor Kelfala Kallon recently announced that ”The country’s legal tender, the...
