_putting-an-end-to-africas-underperforming-currencies.jpg "Putting an end to Africa’s underperforming currencies? from music man sterling bass Video Screenshot Preview")
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⏲ Duration: 2:55
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✓ Published: 15-Apr-2024
👁 View: 715K times
✓ Published: 15-Apr-2024
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African currencies continue to slump against major global currencies like the US dollar, the euro, and the pound sterling. In addressing the issue, most African governments have either redenominated or relaunched their currencies. But experts say the real solution lies in changing the structure of African economies from being import-driven to being more focused on manufacturing and exports.
African currencies continue to slump against major global currencies like the US dollar, the euro, and the pound sterling. In addressing the issue, most African governments have either redenominated or relaunched their currencies. But experts say the real solution lies in changing the structure of African economies from being import-driven to being more focused on manufacturing and exports.
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