Gambian traders said the price of the CFA franc against the Dalasi has seen an increase in recent weeks, and the consequences of that have begun to appear in the prices of some goods in the market.  

One trader, who buys most of her goods in Senegal, told What's On-Gambia that the increase in the CFA franc has led to a major decline in sales. 

"The CFA franc is increasing every day. During Ramadan it was D455, now it's D475 around the Kombos. In Farafenni, it is D500. Why are they doing this to us the small business owners," she said. 

The trader further revealed that this situation led some of them to stop importing from Senegal as a result of the lack of stability in the CFA franc compared with the Dalasi. 

"The former president never allowed the continuous increase of the CFA franc. He did everything possible to protect the Dalasi." 

According to her, the price for Tobaski ram might skyrocket this year if the government doesn't stop the criminal activities of some of the foreign currency dealers in the country. 

The price of the CFA franc was stable in the parallel market before the arrival of President Adama Barrow's government in 2017.