Africa beyond borders: Central Bank of Nigeria agrees to mint The Gambia’s Dalasi

The Central Bank of Nigeria (CBN) has agreed to mint The Gambia’s currency, Dalasi, a deal which could drastically reduce the amount Gambia spends on minting money abroad. The Gambia’s dalasi was adopted in 1971 and its current US dollar conversion rate is USD1 for GMD51.15. Mr. Buah Saidy, Governor of the Gambian central bank reportedly […]