News | TrueRate

Skip to main content

Search stories, companies, or topics

News Finance Business

Search stories, companies, or topics

My Watchlist News Markets Analytics Economy Technology Videos 🔊Market Women Mode

Liberia's financial intelligence platform — news, live market data, and economic analytics.

Sections

News
Markets
Economy
Analytics
Business
Technology
Videos

Tools

My Watchlist
Saved Articles
Finance News
Newsletter
RSS Feed

Company

About TrueRate
Data Sources
Data Disclaimer
Advertise
Help
Feedback

Data sources

Central Bank of Liberia · LISGIS · Ministry of Finance (MFDP) · World Bank · IMF · Yahoo Finance · TrueRate Research

Terms of Service Privacy Policy Data Disclaimer About Our Ads

© 2026 TrueRate. All rights reserved. · Not investment advice

Home/News

Trending

forexFrom L$200 to L$184: How an 8% Currency Swing Is Reshaping Margins commoditiesGold Hit US$175 Million in March — Now Two-Thirds of All Exports bankingMoney Supply Hits L$299 Billion — Why Cash Is Up and Savings Are Down investing13.11% to Borrow, 1.94% to Save: the Spread That Shapes Every Investment businessFuel Costs Jump 12% in One Month — Headline Inflation Reads 0.6%businessRubber Output Drops 47% as Smallholder Farmers Bear the Cost businessA US$314 Million Import Bill: What a Two-Year High Means for Small Retailers policyVAT Set to Replace GST in Biggest Tax Overhaul in Years forexFrom L$200 to L$184: How an 8% Currency Swing Is Reshaping Margins commoditiesGold Hit US$175 Million in March — Now Two-Thirds of All Exports bankingMoney Supply Hits L$299 Billion — Why Cash Is Up and Savings Are Down investing13.11% to Borrow, 1.94% to Save: the Spread That Shapes Every Investment businessFuel Costs Jump 12% in One Month — Headline Inflation Reads 0.6%businessRubber Output Drops 47% as Smallholder Farmers Bear the Cost businessA US$314 Million Import Bill: What a Two-Year High Means for Small Retailers policyVAT Set to Replace GST in Biggest Tax Overhaul in Years

Trending

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

A Building Boom Pushes Construction Past US$270 Million

Homegrown Steel Output More Than Doubles in a Year

HomeMarkets Analytics Economy Business Technology Videos

Rubber Output Drops 47% as Smallholder Farmers Bear the Cost

Rubber Hits US$106 Million in GDP but Monthly Output Swings Wildly

See more stories

Explore More

News
Markets
Economy
Analytics
Business
Videos

In Focus

Iron Ore LRD/USD Rubber CBL Rate Remittances ECOWAS Mining Policy Inflation Gold ESG Bonds

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

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

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

Broad money reached L$299,356.37 million in March 2026, up 10.66% year-on-year, according to CBL data. But the composition is diverging: narrow money grew 7.86% in a single month while quasi money contracted 6.51%, signaling a liquidity preference shift with direct implications for bank lending and credit availability.

TrueRate·Jul 4, 2026

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

The gap between what banks charge borrowers and what they pay savers widened to 11.17 percentage points in February 2026, according to CBL data. With inflation at 4.50%, every Liberian-dollar savings account is losing purchasing power — and depositors are responding by pulling money out.

TrueRate·Jul 4, 2026

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

The imported fuel price index rose 12.38% in March 2026 to its highest level in two years while the headline consumer price index climbed just 0.62%, according to LISGIS. For keke operators, market traders, and delivery businesses, the gap between official inflation and daily operating costs is the widest it has been in at least two years.

TrueRate·Jul 4, 2026

forex

1 / 5

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

Rubber Output Drops 47% as Smallholder Farmers Bear the Cost

TrueRate·Jul 4, 2026

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

TrueRate·Jul 4, 2026

VAT Set to Replace GST in Biggest Tax Overhaul in Years

Top Stories

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

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

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

Broad money reached L$299,356.37 million in March 2026, up 10.66% year-on-year, according to CBL data. But the composition is diverging: narrow money grew 7.86% in a single month while quasi money contracted 6.51%, signaling a liquidity preference shift with direct implications for bank lending and credit availability.

TrueRate·Jul 4, 2026

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

The gap between what banks charge borrowers and what they pay savers widened to 11.17 percentage points in February 2026, according to CBL data. With inflation at 4.50%, every Liberian-dollar savings account is losing purchasing power — and depositors are responding by pulling money out.

TrueRate·Jul 4, 2026

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

The imported fuel price index rose 12.38% in March 2026 to its highest level in two years while the headline consumer price index climbed just 0.62%, according to LISGIS. For keke operators, market traders, and delivery businesses, the gap between official inflation and daily operating costs is the widest it has been in at least two years.

TrueRate·Jul 4, 2026

Rubber Output Drops 47% as Smallholder Farmers Bear the Cost

Rubber production fell to 3,476 metric tons in March 2026, down from 6,527 in February and nearly 30% below year-ago levels, according to LISGIS. For smallholder farmers paid by volume, the decline translates directly to lost income in a sector that now accounts for less than 3% of national exports.

TrueRate·Jul 4, 2026

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

Goods imports rose 47.26% to US$314.08 million in March 2026, the highest monthly total in at least two years, while the trade balance swung from a US$13.98 million surplus to a US$50.80 million deficit in a single month, according to CBL data. For small retailers, more supply entering the market does not always translate to wider margins.

TrueRate·Jul 4, 2026

VAT Set to Replace GST in Biggest Tax Overhaul in Years

The Liberia Revenue Authority is steering the country's biggest indirect-tax overhaul in decades: replacing the single-rate Goods and Services Tax with a multi-stage Value Added Tax. With tax revenue at US$59.46 million in March 2026 — a month when one-off non-tax receipts swelled total revenue to US$304.37 million — the shift is as much about broadening the tax base as changing the rate.

TrueRate·Jun 23, 2026

Editor's Picks

forex2 min read

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 Economics · Jul 4, 2026

commodities2 min read

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

More Stories

All stories ›

Rubber Hits US$106 Million in GDP but Monthly Output Swings Wildly

TrueRate · Jun 6, 2026

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

TrueRate · Jun 6, 2026

Videos

Economy2:12

Liberia's Film Rebate, Explained in Two Minutes

Jun 20, 2026

Economy3:45

How Mining Drove Liberia's 2025 GDP Growth

Jun 20, 2026

Analysis & Opinion

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

TrueRate Economics · Analysis · Jun 6, 2026

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

TrueRate Economics · Analysis · Jun 4, 2026

Incomes Per Person Are Still Climbing Back to 2018 Levels

Data Stories

EKAN Connect Wants to Turn Every Chat Into a Checkout

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

Inside HUIX-2099: The Monrovia Studio Building VR, AI and 3D Products for a Global Market

From the Archives

Browse archive ›

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

Mar 2026·2 min read

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

Mar 2026·2 min read

From the Newsroom

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

Mining surged past US$1 billion and gold and iron-ore exports boomed in 2025, while agriculture grew barely 1% and most Liberians work in sectors expanding far more slowly. The split defines who benefits from the country's growth.

TrueRate Economics

Analysis · Jun 6, 2026

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

Tax revenue ran between US$58 million and US$80 million in most months but spiked to US$304 million in March 2026, while spending swings wildly, capital investment is squeezed and debt has climbed past US$2.8 billion. The combination leaves Liberia growing but with little fiscal room to spare.

TrueRate Economics

Economic Calendar

mediumIMF
IMF RSF 1st Review (est.)
First review of the SDR 193.8M Resilience and Sustainability Facility approved Apr 2026. Focuses on climate and governance reforms.
In 21 days
highMonetary Policy
CBL Monetary Policy Committee Meeting
Q4 MPC decision. Will reflect H1 fiscal data, mid-year CPI trajectory, and any IMF ECF conditions.
In 33 days
high

TrueRate Daily Brief

Liberia business & economy, delivered every morning.

Email address

Economic Calendar

mediumIMF
IMF RSF 1st Review (est.)
First review of the SDR 193.8M Resilience and Sustainability Facility approved Apr 2026. Focuses on climate and governance reforms.
In 21 days
highMonetary Policy
CBL Monetary Policy Committee Meeting
Q4 MPC decision. Will reflect H1 fiscal data, mid-year CPI trajectory, and any IMF ECF conditions.
In 33 days
highFiscal
FY2027 Draft National Budget (est.)
Executive submits draft budget to the Legislature. Will include revenue projections, sector allocations, and medium-term fiscal framework.
In 52 days
mediumData Release
CBL Annual Report 2026 (est.)
Comprehensive annual statistical publication with full-year monetary, fiscal, and external sector data.
In 98 days

Recent

highIMF
IMF 4th ECF Review Mission (est.)
Staff visit for the fourth review of the Extended Credit Facility. 3rd review completed Apr 2026, disbursing SDR 19.3M. Expect updated GDP and inflation projections.
mediumData Release
CBL Monthly Economic Review — June 2026
Monthly bulletin with CPI, exchange rate, money supply, banking sector, and trade data for June 2026.

Dates marked (est.) are projected from prior cadence.

Most Read

What a Liberian Open-World Game Says About the Future of African Digital Content

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

VAT Set to Replace GST in Biggest Tax Overhaul in Years

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

EKAN Connect Wants to Turn Every Chat Into a Checkout

TrueRate·Jun 23, 2026

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 Economics · Jul 4, 2026

banking3 min read

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

Broad money reached L$299,356.37 million in March 2026, up 10.66% year-on-year, according to CBL data. But the composition is diverging: narrow money grew 7.86% in a single month while quasi money contracted 6.51%, signaling a liquidity preference shift with direct implications for bank lending and credit availability.

TrueRate Economics · Jul 4, 2026

analysis

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

TrueRate · Jun 4, 2026

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

TrueRate · Jun 3, 2026

Policy

2:48

Why the CBL Is Holding Its Policy Rate at 16.25%

Jun 20, 2026

Economy1:52

How 'Pay Na-Na' Connects MTN and Orange Mobile Money

Jun 19, 2026

Mining2:31

Mining Drove 2025 Growth: Iron Ore and Gold, Explained

Jun 19, 2026

Technology2:05

5G in Monrovia: What It Means and When It's Coming

Jun 18, 2026

TrueRate Economics · Analysis · May 27, 2026

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

TrueRate Economics · Analysis · May 2, 2026

Mining Output Tops US$1 Billion, Driving One-Fifth of Liberia's GDP

TrueRate Economics · Analysis · Apr 1, 2026

Jun 20, 2026

What a Liberian Open-World Game Says About the Future of African Digital Content

Monrovia Hustle: A Liberian Studio's Bet That West Africa Can Build a Global Video Game

Where the US$5.2 Billion Economy Really Comes From

Agriculture Employs the Most People but Grew the Slowest

Mar 2026·2 min read

Cement and Beverages Push Manufacturing Up 9%

Mar 2026·2 min read

Analysis · Jun 4, 2026

Incomes Per Person Are Still Climbing Back to 2018 Levels

Real GDP per capita rose about 2.4% in 2025 and is up roughly 12.5% from its 2020 low, but still sits just below where it stood in 2018. The slow climb shows how population growth eats into headline gains.

TrueRate Economics

Analysis · May 27, 2026

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

Imported-item prices were essentially flat over the year to March 2026, up just 0.1%, while domestic prices rose 5.8%. The split overturns the usual story and points to home-grown costs, not imports, as the live inflation risk.

TrueRate Economics

Analysis · May 2, 2026

Fiscal

FY2027 Draft National Budget (est.)

Executive submits draft budget to the Legislature. Will include revenue projections, sector allocations, and medium-term fiscal framework.

In 52 days

Dec31

mediumData Release

CBL Annual Report 2026 (est.)

Comprehensive annual statistical publication with full-year monetary, fiscal, and external sector data.

In 98 days

Recent

highIMF
IMF 4th ECF Review Mission (est.)
Staff visit for the fourth review of the Extended Credit Facility. 3rd review completed Apr 2026, disbursing SDR 19.3M. Expect updated GDP and inflation projections.
mediumData Release
CBL Monthly Economic Review — June 2026
Monthly bulletin with CPI, exchange rate, money supply, banking sector, and trade data for June 2026.

Dates marked (est.) are projected from prior cadence.

About Advertise Help Feedback Privacy Terms

© 2026 TrueRate. All rights reserved.