Posted on: 04:38 Tue, 16 Feb 2016



Nigeria is not the only country battling against the dollar that is currently ravaging its economy and local currency, a Bloomberg report has revealed.

The following countries are experiencing a
currency crisis at the moment according to the report:

Tajikistan- official rate of 7.8332 Somoni
per Dollar. Unofficial- 8.15 Somoni per
dollar (4% increase)

Egypt – official rate of 7.83 Pound per
Dollar. Unofficial – 8.75 Pound per Dollar
(12% increase)

Nigeria- official rate of 198.5 Naira per
Dollar. Unofficial rate of 337 Naira per
dollar (70% increase)

Uzbekistan – official rate of 2,837 Soum
per dollar. Unofficial rate of 5,950 Soum
per dollar (110 increase)

Angola – official rate of 161 Kwanza per
dollar. Unofficial rate of 380 Kwanza per
dollar. (136% increase)