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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 Currencies



Despite 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 […]



Source: https://news.bitcoin.com/de-dollarization-faltering-in-africa-because-citizens-lack-confidence-in-their-national-currencies/

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