Ikhide, Sylvanus; Uanguta, Ebson - In: Journal of Economic Integration 25 (2010), pp. 324-352
The countries in the Common Monetary Area (CMA), South Africa, Lesotho, Namibia and Swaziland, have harmonised their monetary and exchange rate policies in a quasi-monetary union since 1990. Lesotho, Namibia and Swaziland (LNS) have pegged their currencies to the South African Rand thus...
