All You Need To Know About Dollarisation
May 23, 2022 14:49What is Dollarisation? Simply put, dollarisation is the term when US dollar is used in addition to or instead of the domestic currency of another country. It is an example of currency substitution. Dollarisation usually happens when a country’s own currency loses its usefulness as a medium of exchange, due to hyperinflation or instability. Which […]
