African governments are resorting to various measures to address the shortage of hard currency, while investors are rewarding nations with access to the currency they need.
Amid a deepening shortage of hard currency on the continent, Africa n governments are resorting to bartering, currency devaluation s, and central bank exchange controls to shore up their balance sheets. Investors are rewarding nations that can guarantee access to the currency they need to invest and repatriate returns, while steering clear of countries without adequate reserves.
African currencies are the worst performers in the world this year, with about a dozen sliding at least 15 percent against the dollar
Africa Currency Shortage Investors Dollar Liquidity Currency Devaluation Central Bank Exchange Controls
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