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International trade currency

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Money
trade

Djibouti To Use Own Currency for Intracontinental Trade

A major advantage of adopting its own currency is that Djibouti can avoid the fluctuations caused by other currencies. For instance, if Djibouti were to engage in trade with a country whose currency value depreciates, it could lead to substantial losses.
27 Jun 2023 2 min read
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