worst-performing african currencies

  1. World Bank: Naira Among Africa’s Most Depreciated Currencies in 2024

    Nigeria World Bank: Naira Among Africa’s Most Depreciated Currencies in 2024

    The Nigerian Naira ranks among sub-Saharan Africa's weakest currencies, alongside the Ethiopian Birr and South Sudanese Pound, depreciating by 43% by August 2024. The World Bank attributes this to high dollar demand, limited inflows, and rising inflation, with Nigeria’s economic growth...
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