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Tag: CFA Franc
The African currency rollercoaster ride: struggling against super-strong US dollar
As the global economy sinks into another period of crisis, African currencies are depreciating against the US dollar and rising import costs are adding to ... Read More
Forex: falling euro drags CFA franc down, importing inflation and deepening debt
With the euro having recently declined to less than one US dollar, this development has a direct impact on the CFA franc, which has a ... Read More
Ghana to join regional bloc’s new currency
The government of Ghana has announced it plans to join the West African currency that will replace the CFA franc in 2020 in eight regional ... Read More