The Shumaker Family's Blog

The weakness of the dollar

I am not sure but many of you probably already know this: The American dollar is very weak internationally. I think that in some ways it is good for the economy in America, but it isn’t good for those living outside of the States. It seems that most missionaries all across the world are having this problem. The big problem for us is that our currency is pegged to the Euro. As you know the Euro is very powerful. When we first came to West Africa we were trading one dollar for 750 CFA(currency here in West Africa). We are now exchanging 1 dollar for 455 CFA. We have lost more that 40% of our buying power. Since coming we have lost a few supporting churches but we have gained some also. Can you imagine what would happen if you lost 40% of your pay check each month? We are still able to live here, but our work fund is greatly limited. I am going to mention some projects that we have had on the table for a little time. Will you please pray for these projects, that God will help us to finish them?

I don’t usually mention a lot about projects and money but sometimes it is necessary for the work.  I was told by somebody one day, “How do we know where to help, if you never mention a need?”  A good point.

Comments are closed.

The Shumaker Family's Blog is proudly powered by WordPress
theme designed by ebjuris web directory
Entries (RSS)and Comments (RSS).

  • More Information

    Rome Baptist Temple
    P.O. Box 1023
    Rome, GA 30162
    Pastor: Dr. Billy Goolesby
    Phone: (706)232-8969

    06 BP 9460 Ouagadougou 06
    Burkina Faso
    Phone: (706)534-8965

    Macedonia World Baptist Missions Inc.
    P. O. Box 519
    Braselton, GA 30517

  • Archives