Thursday, 28 March 2024

LRD / USD

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Recent News
  • Weah's “Pro-Poor” Agenda Imperiled?

    15:15 | 9/3/18
    Liberian Daily Observer
    For example, Liberians are compelled to pay taxes in hard currency (US dollars) rather than their own Liberian dollar. Remittances from relatives and friends abroad are commandeered and 25 percent skimmed off for payment in Liberian dollars, not at ... more»
  • LD$40 For Each: Egg Scarcity Hits Liberian Market

    16:02 | 19/2/18
    Front Page Africa
    “We are buying egg at this price currently because those who import the egg got to change the Liberian dollar into US$ and the rate here is very higher, so we as business people have no choice but to sell the egg just like we are buying it from them ... more»
  • CBL Blamed for Increment in Forex Rate

    15:26 | 19/2/18
    Liberian Daily Observer
    The assistant secretary general of the National Foreign Exchange Bureau of Liberia (NAFIBOL), Nimely Saye, has blamed the Central Bank of Liberia (CBL) for the high increase in the US-Liberian dollar exchange rate on the Liberian market, because of its ... more»
  • Sudden Drop in Exchange Rate Heightens Vulnerability of Liberia's Economy

    16:06 | 1/2/18
    Front Page Africa
    For a fragile economy like Liberia's, uncertainties can be uncontrollable and when the movers-and-shakers of the sector are anxious, the local foreign exchange market takes a warp. more»
  • House of Representatives Investigate Claims Against APM Terminals, BIVAC

    16:45 | 31/1/18
    Front Page Africa
    Monrovia - The House's Committees on Ways, Means, Finance and Development Planning, Judiciary, Banking and Currency, including Commerce and Industry have been mandated to probe accusations bordering on the refusal of several business entities operating ... more»
  • House Reviews Law Strengthening 26 Liberian owned Businesses

    15:29 | 31/1/18
    Liberian Daily Observer
    It added: “Any foreign national, be he resident or not of Liberia, who violates any provision of this act and any Liberian, for purposes of evading the aims and objectives of this act, who fronts for a foreign national, be he resident or not of Liberia ... more»
  • What Caused the LRD/USD Rate Drop?

    15:15 | 31/1/18
    Liberian Daily Observer
    Currently, the LRD to USD exchange rate spans between L$90 and L$110 to US$1, which is, for once, far below the Central Bank of Liberia's (CBL) published market 'buying and selling rates. more»
  • Who's Holding Economy Hostage?

    15:26 | 11/1/18
    Liberian Daily Observer
    Yet, prices of basic commodities are still soaring while the rate of the Liberian dollar continues to depreciate against the US dollar. more»
  • Concerns Mount Over Climbing US Dollar Rate

    15:22 | 10/1/18
    Liberian Daily Observer
    Liberians are expressing worrying concerns over the rapidly falling value of the Liberian against the United States dollar, which continues to climb. more»
  • President-elect George Weah to Inherit A Broke Government

    13:56 | 8/1/18
    Front Page Africa
    After the Liberia recovered from the Ebola outbreak, budget shortfalls had already exposed the country's fiscal indiscipline. Experts advised the slicing of recurrent expenditure and move to an agro-based economy, but all were falling on deaf ears ... more»
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