As a member of the West African Economic and Monetary Union, Senegal is working toward greater regional integration with a unified external tariff and a more stable monetary policy.

FORBES: Senegal

Although not linked in monetary union the crisis spread like wildfire and other regional currencies and equity markets slipped.

FORBES: The Euro: A Lobster Pot Currency

It is because of the thorny regional politics of reunification and the legacy of WWII, and under consequent French pressure, that Germany committed to the monetary union in the first place and was made to take a kind of ownership for its success.

FORBES: Germany's Radical Center