People read a board featuring on hold Liberia's elections runoff in Monrovia, Liberia. The exchange rate also keeps climbing in the absence of a resolution to the country's disputed presidential election. Now an electoral crisis has compounded the problem, with conditions becoming intolerable in a nation hugely reliant on informal trading for income. That's why the rate has climbed from 110 to 130 Liberian dollars to the US dollar," he said, surrounded by brightly coloured flip-flops. Liberia has two legal currencies: the Liberian dollar and the US dollar.
Source: Daily Nation June 26, 2024 23:12 UTC