Ghana’s Cedi and Zambia’s Kwacha Were the Worst Performing Currencies of 2014
Ghana’s cedi and Zambia’s kwacha are set to end 2014 as the worst performing African currencies among a small basket that are relatively liquid, as falling commodity prices take a toll on some of the continent’s “lion” economies. The cedi has lost about 27 percent in 2014, one sign of a fiscal crisis in an … Read more