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Forex shortage caused by economic constraints is challenging intra-Africa trade

Intra-country trade across Africa is stuttering as businesses struggle to find the foreign currency, most notably the US Dollar, they need to pay for imports - a shortage caused by the depreciation of local currencies, higher interest rates and capital flight in the continentโ€™s developed markets, says findings in latest Standard Bank Africa Trade Barometer.
South Africa Philip Myburgh Southern African Development Community Standard Bank Business Economic Community Of West African States Standard Bank Africa Trade Barometer

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