Paul Baker, CEO of International Economics Consulting Group and Founder of the Africa Trade Foundation, was featured in Business Magazine alongside Alexandre Sanchini, CEO of Blue Ship Capital, and Amit Bakhirta, CEO of Anneau, discussing the consequences of the dollar’s sharp decline, which is down 9% against the Mauritian rupee and over 9.5% against major currencies.

Paul Baker warned that the trade war has fundamentally changed the outlook for the US economy, adding that a volatile dollar represents a problem for Mauritius, especially for export-oriented firms. He pointed to rising tariffs, inflationary risks, and a slowdown in global trade and value chains as key concerns.

Are we witnessing a structural shift in the global role of the dollar, with other safe havens like gold and the Swiss franc gaining ground?

Read the full article.