Rédaction Africa Links 24 with New Dawn
Published on 2025-01-23 01:09:00
By: Kruah Thompson
Monrovia, January 23, 2025/The Central Bank of Liberia (CBL) has attributed the recent rise in the exchange rate to the high demand for foreign currency during the Christmas season.
According to CBL, this surge was driven by increased spending on imports for holiday-related purchases during the festive season. “Any time Christmas passes, we will experience an increased exchange rate because of these economic factors” ” the CBL says.
“What is happening is normal…
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