African Currencies Outlook: Several Major Currencies Expected to Fall Against the US Dollar
Several major African currencies, including Ghana's cedi, Nigeria's naira, and Uganda's shilling, are expected to weaken against the U.S. dollar due to rising foreign currency demand, higher oil prices, and market pressures, while Kenya's shilling and Zambia's kwacha are projected to remain relatively stable.
Study4India Team
July 25, 2026