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AfDB projects 6% currency slump in 21 African nations by 2026

•Cites global market turbulence, weak export earnings By Uche Usim The African Development Bank (AfDB) has projected that the naira and 20 other African nations’ currencies will depreciate by at least 6% between 2025 and 2026, citing heightened volatility in global financial markets as a major driver of currency pressure across the continent. The projection […] The post AfDB projects 6% currency slump in 21 African nations by 2026 appeared first on The Sun Nigeria.


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