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Liberia: The Stronger Liberian Dollar Must Reach the Market

World 1 source 1 country 🔦 Under-reported 51m ago

In Liberia, the exchange rate for the local currency has strengthened, moving from approximately 190 Liberian Dollars to 170 Liberian Dollars per US Dollar. Despite this macroeconomic shift, small traders report that wholesalers continue to calculate purchases using the previous, weaker exchange rate.

In response to this disparity, reports call on the Liberian government to investigate the situation, enforce transparent pricing practices, and address the lack of official communication that is currently causing confusion and resentment among local merchants.

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AllAfrica (ZA) Urges government intervention to enforce transparent pricing and resolve market confusion.
Read the full story at the source AllAfrica · ZA ↗
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