Aid agencies in Africa are coming under pressure as a declining dollar means their budgets buy less while high profile operations in Iraq and Afghanistan bleed funding from development in the world’s poorest continent. The greenback has hit record lows against the euro and near six-year lows against South Africa’s rand, leaving aid groups, which planned their budgets in dollars seeing their purchasing power slashed. While agencies that get considerable donations from Europe and other non-US donors say they escape the worst of the effects, Africa projects must also fight for funding that is being sucked into rebuilding efforts in Iraq and Afghanistan.