High Exchange Rate
-Is Pres. Weah Aware?
The increasing high exchange rate of the Liberian dollar to the United States dollar is a matter of concern to many Liberians as it is having a crippling effect on the prices of commodities and basic goods and services as well as on the Liberian economy as a whole.Everyone is concerned that one US. Dollar is now exchanged for LD$155 and LD$176, 153, 152 and LD$150 depending on where the exchange was done which means a pint of Club beer now goes for LD$150 or LD$160 while scratch card which is officially one U.S dollar, whether Orange or Lone Star, now stands at LD$160 in many sale points.