The Central Bank of Liberia (CBL) has released the latest market buying and selling rates for the Liberian dollar against the US dollar, covering the period from August 29 to September 4, 2024. These rates are indicative, drawn from daily surveys conducted across Monrovia and other key cities in Liberia.
The data reflects foreign exchange activities in various segments, including the Central Bank, commercial banks, parallel markets, and licensed forex bureaus. It’s important to note that these rates are not directly set by the Central Bank but rather compiled through consistent market surveys.
The CBL’s Research, Policy, and Planning Department is responsible for collecting and presenting this information, giving Liberians a clear view of the ongoing trends in the foreign exchange market.
For those engaged in financial transactions, these rates provide useful insights into currency fluctuations, helping businesses and individuals make informed decisions in the evolving economic landscape. As the exchange rate plays a critical role in trade and daily commerce, monitoring these updates is essential for staying aware of Liberia’s financial situation.
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