Commodity, currency slump hit economies

24 March 2016, 18:02
Seth Dompreh
0
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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 natural resources.......READ MORE

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