February 11, 2025
Foreign exchange: several African countries have a shortage of US dollars – why this happens and how to fix it

A number of African countries, including Kenya, Egypt, Zimbabwe, Nigeria, Ghana and Zambia, are currently experiencing shortages of US dollars. The dollar is the dominant currency in international transactions. These countries rely on the US currency to pay for foreign debts, essential goods and industrial inputs…
Read More

About The Author

Leave a Reply

Your email address will not be published. Required fields are marked *