De-dollarization stalls in Africa due to citizens’ lack of confidence in their national currency

Despite the clearly stated reasons for de-dollarization in the Global South, African leaders will have a hard time convincing people to adopt national currencies without changing economic management practices. People often lose confidence in a currency when a central bank excessively prints money to pay debts and other obligations. The hype around de-dollarization is not backed by practical measures (…)



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