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By Chernor Alimamy Kamara The newly-appointed Governor of the Central Bank of Sierra Leone, Dr. Ibrahim Stevens has noted that part of his responsibility is to maintain monetary stability and address inflation in the country. He was speaking in a media interview on the 22nd November, 2023 discussing the stipulated dates to cease using the Old Leone notes as a Legal tender in
By Chernor Alimamy Kamara The Bank of Sierra Leone (BSL) has extended use of the Old Leone notes until 31st December, 2023, according to a notice issued by the bank on the 10th March, 2023. The bank informed the public that if there is no further extension to the aforementioned date, on the 1st January, 2024, everyone should cease using them as legal tender in Sierra Leone.
Sierra Leone is to delay the phaseout of its old currency until next spring, the central bank said.
Sierra Leone is to delay the phaseout of its old currency until next spring, the central bank said.