3 ms·
In this case they are pegged to the Euro. Since the Euro is almost certainly stronger than the CAR economy, we see it relegated to a cheap export country and m
by psychlops 5y ago
In this case they are pegged to the Euro. Since the Euro is almost certainly stronger than the CAR economy, we see it relegated to a cheap export country and making imports expensive for them. Also, making modernization more difficult.
The CAR seems to have far more challenges, but at least their 11% of citizens with internet access will have more freedom of choice of currencies.