Exchange rates can shape development more than we think.
New on @voxdev.bsky.social why currency risk sits at the crossroads of international finance and development.
https://voxdev.org/topic/finance/where-international-finance-meets-development-role-currency-risk
Currency volatility in African markets shapes development outcomes by determining who can access capital and on what terms, with firms in shallow financial markets often forced to choose between expen...
