Tag: XOF

Op-Ed: Rumours of a CFA franc devaluation in West & Central Africa dispelled

“There has been considerable uncertainty and speculation about the capacity of both the West African Economic and Monetary Union (Waemu) and the Economic and Monetary Community of Central Africa’s (Cemac) to absorb these shocks and to protect the value of their respective regional currency pegs to the euro,” writes economist, George Ott.
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