Liberia drawing down reserves amid health crisis, cenbank deputy says

[riky]

Liberia drawing down reserves amid health crisis, cenbank deputy says

<p><a href="http://news.yahoo.com/liberia-drawing-down-reserves-amid-health-crisis-cenbank-072030277--business.html"><img src="http://l1.yimg.com/bt/api/res/1.2/19wdSrYbIPe5suszwDKBsA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_ZA/News/Reuters/2014-10-11T072030Z_1007950001_LYNXNPEA9A02N_RTROPTP_2_OZABS-US-IMF-LIBERIA-RESERVES.JPG" width="130" height="86" alt="Health workers wearing protective equipment are disinfected outside the Island Clinic in Monrovia, where patients are treated for Ebola" align="left" title="Health workers wearing protective equipment are disinfected outside the Island Clinic in Monrovia, where patients are treated for Ebola" border="0" /></a>By Alphonso Toweh WASHINGTON (Reuters) - Liberia's central bank has spent over $40 million of its reserves in recent months as it grapples with the devastating Ebola outbreak, the country's deputy  central bank governor Boima Kamara told Reuters on Friday. &quot;Just from June to September this year, we have spent between $40 million to $50 million to intervene in the economy. That level of intervention has to be done to avoid a liquidity crisis,&quot; Kamara said in an interview on the sidelines of the fall meetings of the International Monetary Fund and World Bank in Washington. ...</p><br clear="all"/>

Source: You are not allowed to view links. Register or Login