Fri, Feb 21, 2020
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Commodity Crisis, Currencies more

Commodity, currency slump hit economies

Posted on 24 March 2016

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. The hardship for households has been compounded by rising prices for food - one commodity that has defied the price fall due to drought in southern Africa………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
February 2020
S M T W T F S
« Nov    
 1
2345678
9101112131415
16171819202122
23242526272829