Here are some frequently asked questions. The CFA franc is the common currency for the Franc Zone, created in the 1930s on the eve of the Second World War. It is made up of three areas, each of which ...

According to BNP Paribas’ CFA Franc: A New Stress Test report, intra-zone trade within the WAEMU currently lingers around 10 percent of total trade flows. The project is awash with difficulties, ...

France still maintains significant economic control over the CFA Franc zone in the following ways: ・Access to foreign currency reserves: When CFA Franc zone countries have trade surpluses ...

Mali, Niger and Burkina Faso have officially left West Africa’s main political and trade group ECOWAS after more than a year ...

With the CFA franc zone, France gained two advantages. First, it did not need to hold dollars to buy goods and services from territories it dominated. Second, it had complete discretionary control ...

Q: What is the Central African CFA Franc worth against the Rupee? A: One Central African CFA Franc is worth 0.1376 Rupees today Q: Is the Central African CFA Franc going up or down against the Rupee?

They have seen how the CFA franc zone operates and are aware of the benefits of a common currency. Faced with increasing globalization and the rise of regional blocs, they must act quickly on monetary ...

Lawmakers unanimously adopted a bill that made bitcoin legal tender alongside the CFA franc and legalised the use of cryptocurrencies Bangui, Central African Republic: The Central African Republic ...

Ending US dollar dominance alone will not end monetary imperialism. Only much better multilateral arrangements to clear international payments can meet the Global South's aspirations for sustainable ...