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Omar's blog archive

2023 (1)
Omar El-Gazzar

Omar El-Gazzar

FX Dealer at Crown Agent's Bank
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Frictionless Payments

The King Dollar: A cause for concern for Africa’s hard-to-reach markets

31 Mar 2023

Whilst falling short of the heights seen in September 2022, the US dollar continues to reign supreme as the world’s preferred currency for international payments. As its dominance continues to impact cross border payments into and out of the Global South, the real impact on hard-to-reach markets needs to be addressed. On one hand, using the Dollar...