Money Moves June 25, 2018 at 09:25 am

Most powerful African currencies of 2018

Mildred Europa Taylor | Head of Content

Mildred Europa Taylor June 25, 2018 at 09:25 am

June 25, 2018 at 09:25 am | Money Moves

The value of a particular currency determines its purchasing power in the international market. It also reflects its economic situation as compared to other countries.

Financial experts say that the stability of a country’s currency further helps to prevent frequent fluctuations in its value, and this provides investors with the necessary confidence to invest in the economy of a country.

Using the dollar as a benchmark, here are the powerful currencies in Africa at the moment.

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