Women money changers keep Djibouti’s street economy thriving

  • Date: 15-May-2021
  • Source: The National
  • Sector:Economy
  • Country:Saudi Arabia
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Women money changers keep Djibouti’s street economy thriving

They are a familiar sight on the busy streets of Djibouti: women clutching handbags bulging with dollars, euros, riyals and rupees, the money changers keeping the informal economy ticking over.

Perched on plastic chairs, feet propped on wooden steps, these “sarifley” as they are locally known are vital to the global cast of migrants, traders and soldiers passing through this tiny nation.

Trading in money offers a safe, reliable way especially for women to feed their families, in a conservative country where they lag men in education and literacy.