Five Countries Being Squeezed by Currency Pegs
- Street currency rates in Nigeria, Egypt are near records
- Uzbekistan, Tajikistan hurt by trading partner devaluations
Pedestrians walk past an advertisement displaying a large dollar sign and U.S. dollar banknotes.
Photographer: Shawn Baldwin/BloombergThis article is for subscribers only.
Only on the streets of cities like Cairo, Abuja or Tashkent can you gauge just how much pressure developing countries are under to ease controls on their currencies.