Investors flee to dollar, Swiss franc as Africa faces capital pullback
Africa is facing renewed pressure on its currencies and financial markets as global investors pull capital from riskier economies and shift funds into safe-haven assets such as the United States dollar and Swiss franc, according to the latest African Development Update report. The World Bank noted that the portfolio reallocation—driven by escalating geopolitical tensions and […] read more Investors flee to dollar, Swiss franc as Africa faces capital pullback
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