Tuesday, July 22, 2014

Ecobank sees no respite for Liberian dollar as UN troops exit

Liberia’s dollar, Africa’s second- worst performing currency, will weaken a further 7.5 percent by year-end as the withdrawal of United Nations troops and sliding exports cut inflows, according to Ecobank Transnational Plc. The Liberian dollar fell 13.5 percent this year to trade at 92.50 per U.S. dollar through yesterday in the capital, Monrovia, yesterday. That’s […]

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