Commodity and currency slump expose frailties of African economies

by | March 15, 2016 4:12 pm

Slumping commodity prices have taken African currencies down with them, exposing the fundamental economic frailties of the world’s poorest continent by driving up inflation in countries that import most of their manufactured goods. Regional economies are in no position to use their weakening currencies to their trade advantage because they have few exports beyond their…

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