Economy · Monetary Policy

Monetary Policy

CBL rate decisions, reserve management, and central-bank actions shaping credit and the LRD.

54 stories matched from the TrueRate newsroom.

CBL Statistical Data · Monetary Policy

CBL benchmark rate and USD/LRD end-of-period exchange rate, sourced from the Central Bank of Liberia.

Policy Rate16.00%MPC · 2026-06

USD/LRD Rate181.86End-of-period · 2026-06

Source: Central Bank of Liberia DataWarehousePro · Updated nightly

forex

From L$200 to L$184: How an 8% Currency Swing Is Reshaping Margins

The exchange rate fell 7.92% over the past year to L$183.93 per US dollar in March 2026, according to CBL data. For importers, the stronger currency means cheaper goods in local terms. For exporters and dollar-earners, it means thinner margins — a split that runs through every business that touches both currencies.

TrueRate · Jul 4, 2026

commodities

Gold Hit US$175 Million in March — Now Two-Thirds of All Exports

Gold exports reached US$175.13 million in March 2026, up 111.87% year-on-year, and now account for 66.52% of total monthly exports, according to CBL data. Combined with iron ore, two commodities make up 92.59% of export earnings — a level of concentration that turns a single global price move into a national-accounts event.

TrueRate · Jul 4, 2026

From L$200 to L$184: How an 8% Currency Swing Is Reshaping Margins

Gold Hit US$175 Million in March — Now Two-Thirds of All Exports

Money Supply Hits L$299 Billion — Why Cash Is Up and Savings Are Down

13.11% to Borrow, 1.94% to Save: the Spread That Shapes Every Investment

Fuel Costs Jump 12% in One Month — Headline Inflation Reads 0.6%

Rubber Output Drops 47% as Smallholder Farmers Bear the Cost

A US$314 Million Import Bill: What a Two-Year High Means for Small Retailers

VAT Set to Replace GST in Biggest Tax Overhaul in Years

EKAN Connect Wants to Turn Every Chat Into a Checkout

The Cost of Credit: Why Liberian Businesses Pay 13% to Borrow

Government Revenue Hits US$304 Million in March — What It Means for Businesses That Sell to the State

Personal Loans Cost 16.16% — The Hidden Tax on Informal Entrepreneurs

China Buys US$134 Million of Liberian Exports After Near-Zero in 2024

Banks Hold L$260 Billion in Deposits — Where Does the Money Go?

Why Most Liberian Startups Never Get Past the First Year

A Two-Speed Economy: Minerals Race Ahead, Most People Don't

Lumpy Taxes, Volatile Spending, Rising Debt: The 2026 Budget

CBL Holds Policy Rate at 16.25% — What Businesses Should Know

Bottlers Ramp Up 20% as Consumer Spending Holds

Cement Output Hits a Record as the Building Boom Rolls On

Incomes Per Person Are Still Climbing Back to 2018 Levels

The State's Own Economic Output Barely Grew Last Year

Palm Oil Rebounds to US$173 Million After Volatile Years

Homegrown Steel Output More Than Doubles in a Year

Rice: The US$296 Million Staple With Outsized Political Weight

Vast Forests, Idle Trade: Why Forestry Is Stuck

The Financial Sector Keeps Growing — but Not by Lending to Business

Moving People and Data Grows Into a US$257 Million Business

A Building Boom Pushes Construction Past US$270 Million

Imported Goods Hold Steady; It's Local Prices That Are Rising

Eating Out Gets 15% Pricier — the Fastest-Rising Cost of All

The One Bill That's Getting Cheaper: Phone and Data

Why School Fees Make Education Costs Jump Once a Year

Health-Care Costs Climb 6%, and Families Pay Out of Pocket

Keeping the Lights On Costs 6% More This Year

Taxpayers, Not Donors, Are Now Funding the Budget

The Public Payroll Eats a Large Slice of the Budget

Running Costs Crowd Out Investment in the National Budget

Government Spending Lurches Month to Month, Bunching at Year-End

Public Debt Climbs to US$2.82 Billion as the Bill Mounts

Money Supply Swells 11% While the Central Bank Holds Steady

Banks Are Lending to the Government, Not to Business

Inflation Cools to 4.50%, but the Core Tells a Tougher Story

A Stronger Currency Eases Import Costs as the US Dollar Slips to L$184

Gold Overtakes Iron Ore as Liberia's Top Export Earner at US$175m

Domestic Food Prices Eased in Liberia, but Imported Fuel Jumped in March

Iron-Ore Output Rebounds to 2.3 Million Tonnes in March

Exports Surge 58% to US$2.1 Billion, Powered by Gold

Business Loans Get Pricier Even as Consumer Rates Fall

Remittances Reach US$941m, the Backbone of Liberia's External Accounts

Imports More Than Doubled in March, Exposing a Deep Dependence

A Rare Current-Account Surplus, at Least by the Central Bank's Count

Cash Outside Banks Jumped 22% in Liberia as Deposits Grew Slowly

Palm Oil Jumps, Diamonds Double, Cocoa Slumps in Liberia's March Commodity Mix