Liberian Dollar


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Liberian Dollar

The currency of Liberia. The dollar was introduced in 1943. After a coup d'etat in 1980, many businessmen took currency out of the country, creating a shortage. During the civil war (1990-2004), Liberian dollars were looted from the Central Bank of Liberia; in response, it created a new design for some currency notes. This created effectively two currencies: a legal one authorized by the Central Bank, and an illegal one based on the looted dollars. The Liberian economy still relies on a large amount of foreign aid.
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