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third African economySemafor
•83% Informative
The birrâs value against the dollar fell by 30% after it was allowed to float on Monday .
Removing the central bankâs fixed rate is part of sweeping reforms aimed at easing the chronic shortage of foreign currency.
The Horn of Africa country hopes the switch will enable it to secure loans from lenders such as the International Monetary Fund and the World Bank .
VR Score
87
Informative language
90
Neutral language
49
Article tone
semi-formal
Language
English
Language complexity
66
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
no affiliate links