Central Bank Reserves Shrink by Over M1.4 Billion in May 

The Central Bank of Lesotho has reported a significant drop in its assets for May 2025, with foreign reserves falling sharply even as the Bank posted stronger profits. According to the official return of assets and liabilities, total assets stood at M22.3 billion at the end of May, down from M23.7 billion in April. The decline of more than M1.4 billion was mainly due to lower balances with foreign banks and a reduction in rand notes and coins held by…Continue reading with a subscriptionSubscribe for full access to every story.Subscribe - M85/monthAlready a subscriber? Sign in Advertisement ...