Liberia: Why the Exchange Rate Is Very High

opinion

Money is something that people all over the world, including Liberia, want very day to buy something. Whenever people want plenty of something but that something, like food, is not plenty, then the price of that' something goes up. Whenever there is much more demand for the food but not much of the food is available, then the price of the food goes even higher. So is the case with money. Each country, like Liberia, has a national currency or national currencies.

In Liberia, there are two recognized national currencies: the Liberian dollar and the United States dollar. When there is much demand for the for the United States dollar and there is not much demand for the

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