Reserves Management

Through the Department of Financial Markets, the Bank is mandated by section 6 (f), of the Central Bank of Lesotho Act No.2 2000 (the Act) to own, hold and manage its official international reserves. The primary motive of the Bank for holding reserves is to maintain the value of the Loti (LSL) and to be in a position to settle the country’s international obligations promptly.
Consistent with the motive for holding international reserves, the Bank adopts the following objectives for managing the reserves in the priority ranking shown below:

  • Provide adequate liquidity to meet all external obligations of the Bank and its clients
  • Maintain the international value and safety of the reserves.
  • Earn reasonable returns.

Financial Indicators

17 Apr 2019

Loti / US Dollar 13.9479
Loti / Euro 15.7653
Loti / Pound 18.1825
Loti / SDR 19.3872

 Monthly Inflation (%) 2018 to 2019

  Net International Reserves as on 02/03/2018

RESEARCH & SUPERVISION DATA

13.3388