Currencies: As the year takes-off, most African currencies have started on stronger footing gaining 0.65% on average year to date. Since the onset of the pandemic, currencies seem to have stabilised reversing most losses experienced in 2020 and performing better than most emerging market currencies (see Figure 1). 

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Currencies: As the year takes-off, most African currencies have started on stronger footing gaining 0.65% on average year to date. Since the onset of the pandemic, currencies seem to have stabilised reversing most losses experienced in 2020 and performing better than most emerging market currencies (see Figure 1). 

See omnystudio.com/listener for privacy information.