Search results for “Remittances”
3 articles found
A Stronger Currency Eases Import Costs as the US Dollar Slips to L$184
The Liberian dollar closed March 2026 at L$183.93 per US dollar — about 8% stronger than a year earlier, supported by booming gold exports and steady remittances, though it has given back ground since the end of 2025. In a dual-currency, import-dependent economy, the rate shapes everything from fuel prices to inflation.
A Rare Current-Account Surplus, at Least by the Central Bank's Count
Liberia recorded a current-account surplus of about US$77 million for 2025 on the Central Bank's balance-of-payments data, sustained by US$941 million in remittances and transfers, even as the goods balance ran a US$281 million deficit. The World Bank, using a different method, reports a deficit — a divergence worth watching.
Remittances Reach US$941m, the Backbone of Liberia's External Accounts
Inward transfers, largely remittances, totaled US$941 million in 2025 and US$225 million in the fourth quarter alone — the single largest inflow in Liberia's external accounts and the reason the current account stayed in surplus despite a wide trade deficit.