African currencies have been pummelled lately, but a longer-term view tells a more useful story.
African currencies pummelled in a bad month for emerging markets.
As unprecedented turmoil upends the global economy and the dollar soars ever higher, a major factor in the calculation of expatriate pay has at least returned to normal.
In our last round-up two months ago, there were tentative signs that global inflation might have peaked. Then came Russia's attack on Ukraine.
As Russia wrecks its own economic prospects, it is dragging allies and 'brotherly' nations down with it.