Afreximbank warns of currency strain in Africa amid reform progress

Nearly half of African currencies showed signs of depreciation in May 2025, despite notable fiscal reforms and ongoing development across the continent, according to the June edition of the Monthly Developments in the African Macroeconomic Environment report published by the African Export-Import Bank (Afreximbank). The report, which offers a snapshot of exchange rate dynamics, trade [...]The post Afreximbank warns of currency strain in Africa amid reform progress appeared first on National Daily Newspaper.

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