November 24, 2024

Rise To Thrive

Investing guide, latest news & videos!

De-Dollarization Faltering in Africa Because Citizens Lack Confidence in Their National Currencies

1 min read
De-Dollarization Faltering in Africa Because Citizens Lack Confidence in Their National Currencies
De-Dollarization Faltering in Africa Because Citizens Lack Confidence in Their National CurrenciesDespite clearly articulating reasons for de-dollarization in the Global South, African leaders will struggle to convince residents to embrace 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. De-Dollarization Hype Not Backed by Practical Action Sometime in […]