Tag Archives: Liberian Dollar
Official travel overseas have been withheld by orders of the Liberian President. The 60 day travel ban is being undertaken to save the country’s depleted foreign currency holdings. Doing business in the country has been tough as fluctuation due to continuous fluctuation of the Liberian dollar. This had contributed to traders and business owners engaging in a protest to draw attention to the government on the crisis that befalls them in their businesses. The situation could also be affected by the business owners themselves as some business owners are known to travel overseas with money in their suitcases creating foreign exchange shortages.