Home Africa Gambia: Economist Links Dalasi Volatility to Trade Deficits –

Gambia: Economist Links Dalasi Volatility to Trade Deficits –

Gambia: Economist Links Dalasi Volatility to Trade Deficits –

Africa Links 24 with thevoice
Published on 2025-07-04 08:56:58

By: Nyima Sillah

 Dr. Foday Joof, an economic expert, has linked The Gambia’s persistent dalasi volatility to its heavy trade deficits and low market confidence, warning that the country’s overreliance on imports and limited exports continues to put pressure on its currency.

In an interview with The Voice, Dr. Joof explained that over 90 percent of goods consumed in The Gambia are imported, creating constant demand for foreign currencies such as the US dollar, the Euro, and the CFA…

Read the Full article on The Voice Gambia

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