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EXCHANGE RATE DYNAMICS AND THE BALANCE OF PAYMENTS IN SIERRA LEONE

There is a strong relationship between exchange rate movements and the Balance of Payments (BoP). In Sierra Leone, exchange rate depreciated steadily from 1.05 Leone (Le) to 1.00 United States dollar (US$) in 1980 through Le151.45/US$1 in 1990, Le2,092/US$1 in 2000 to Le3,978.09/US$1 in 2010. In t...

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Published: 2014
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