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Economy, Currency and Foreign Trade

mineral fuels, major imports, Bank of Sierra Leone, unit of currency, agricultural commodities

The unit of currency is the leone (2,092 leones equal U.S.$1; 2000 average), issued by the Bank of Sierra Leone, which was founded in 1964. In 2000 exports were valued at $13 million, and imports totaled $149 million. Minerals provided much of the country’s export earnings. The remainder was provided by agricultural commodities such as coffee and cocoa. The major imports were mineral fuels, machinery, vehicles, and foodstuffs. Chief trading partners for exports are the United States, the United Kingdom, Belgium, The Netherlands, and Germany; leading sources for imports are the United States, The Netherlands, the United Kingdom, Indonesia, and Germany.



Article key phrases:

mineral fuels, major imports, Bank of Sierra Leone, unit of currency, agricultural commodities, cocoa, foodstuffs, exports, Minerals, Indonesia, Netherlands, Belgium, Germany, coffee, vehicles, machinery, average, United Kingdom, United States, remainder

 
 

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