How Sri Lanka and Ghana are bearing the brunt of the strong dollar

Nov 3, 2022 · 28m 36s
How Sri Lanka and Ghana are bearing the brunt of the strong dollar
Description

Ghana's Cedi extended the world's biggest loss against the dollar this year, dropping as much as 9.6% - its biggest decline in 22 years. A UK subsidiary of mining giant...

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Ghana's Cedi extended the world's biggest loss against the dollar this year, dropping as much as 9.6% - its biggest decline in 22 years.

A UK subsidiary of mining giant Glencore has been ordered to pay more than £275m for bribing officials in African countries to get access to oil.

The company paid $26m (£23m) through agents and employees to officials of crude oil firms in Nigeria, Cameroon and Ivory Coast between 2011 and 2016.
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Author BBC
Organization BBC
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