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AfDB Sees Cedi Among African Currencies Slipping in 2025s Slipping in 2025 - BLOOMBERG

MAY 28, 2025

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Almost half of the currencies in Africa will weaken against the dollar this year, according to the African Development Bank, citing geopolitical strains and domestic economic challenges.

The Abidjan-based development institution predicts 21 African countries’ currencies will depreciate against the dollar, with 25 possibly appreciating, out of 54 nations, according to the bank’s Africa Economic Outlook.

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