The Bank of Sierra Leone has on the 4th of October, 2024 launched the official international trade price within the nation.
The charges embrace the price of shopping for and promoting main foreign exchange together with Pounds Sterling, Euros, and United States Dollar, amongst others.
In the week from September 30 to October 4, 2024, the US greenback skilled notable positive aspects in opposition to each the British pound and the euro, marking a major shift within the international trade market.
The Central Bank’s disclosed charges are as follows:
Pounds Sterling: Buy at Le 30.2348, Sell at Le 29.9318
U.S. Dollars: Buy at Le 22.7415, Sell at Le 22.5153
Euro: Buy at Le 25.1831, Sell at Le 24.9328
Meanwhile, within the unofficial market, the US greenback settled at Le25 (Buying) and Le24.2 (Selling) on Monday, October 7, 2024. This is in response to parallel market operators in Central Freetown and Lungi.
NOTE: The Movements within the trade price affect the selections of people, companies and the Sierra Leone authorities. Collectively, this impacts financial exercise, inflation and the stability of funds.
