Gambia - Foreign Exchange ControlsGambia-Foreign-Exchange-Controls
The foreign exchange rate is a managed float. Typically the exchange rate fluctuates based on supply and demand factors. However, during the regime of former President Jammeh, the government occasionally intervened in the foreign exchange market. The most recent case involved the fixing of the exchange rate to the dollar, pound sterling and euro from May 2015 to January 2016. The current government of President Adama Barrow is not expected to interfere with the exchange rate, and poses no risk to U.S. businesses.
Prepared by the International Trade Administration. With its network of more than 100 offices across the United States and in more than 75 markets, the International Trade Administration of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
Prepared by the International Trade Administration. With its network of more than 100 offices across the United States and in more than 75 markets, the International Trade Administration of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.