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    • Congolese Franc (CDF)

Congolese Franc (CDF) Newsletter
  • Rwanda hit by dollar shortage as franc weakens 23 Oct 2024 08:59 GMT

    … depreciating franc and fears of a rise in inflation. Forex bureaus … mounted an operation against forex traders involved in illegal … in the Democratic Republic of Congo. "The dollar demand … worsen depreciation of the local currency. “Most of our traditional …

  • Indian Embassy Urges Evacuation of Bukavu Amid DRC Conflict 03 Feb 2025 08:09 GMT

    … in the Democratic Republic of Congo (DRC) has issued an … – Location: Bukavu, Democratic Republic of Congo. – Advisory: Indian nationals urged to … Country: Democratic Republic of Congo (DRC). Capital: Kinshasa. Currency: Congolese franc. Relevant Conflict: M23 …

  • Opinion | Just lines on a map 01 Feb 2025 11:55 GMT

    … the eastern Democratic Republic of Congo (DRC) city, in 1995 … spoken in much of the Congo Basin. Linguistically, eastern … mission in Democratic Republic of Congo is ‘unsustainable’ I had … of Zaires — the currency, since renamed the Congo franc — as a crate …

  • Interview: After Jordan breakthrough, currency hedging fund TCX could tap Gulf SWFs to raise volumes 27 Aug 2024 02:52 GMT

    … risk by providing cross-currency forwards and swaps to … of several synthetic local currency bonds in London or … bond in the Congolese franc, in the Democratic Republic of Congo. “The … banks will borrow synthetic local currency loans because these countries …

  • Kenyan banks see forex losses from subsidiaries 24 Aug 2024 06:29 GMT

    … statements in their local currency (functional currency), but when they … , the Democratic Republic of Congo and South Sudan, recorded … percent against the Rwandan franc and 23 percent against … contribution has been dampened by forex losses, Kenyan banks have …

  • Counterfeit Currency in the DRC Funds Terrorism and Human Trafficking 11 Jun 2024 21:14 GMT

    … Democratic Republic of the Congo who had entered the … where it circulates. “Counterfeit currency diminishes the worth of … the Congolese franc due to steep devaluation. The franc went … foreign currency, demand is so great that the Congolese franc loses …

  • DR Congo seeks to curb dollar dominance by fronting use of local currency 06 Jun 2024 16:19 GMT

    … in the Democratic Republic of Congo (DRC) only accept Congolese … currency and reduce reliance on the US dollar, which weakens the franc … to be in the national currency. Additionally, a … to use the national currency. Experts, including economist …

  • DR Congo's central bank keeps policy rate at 25 pct 01 Jun 2024 18:33 GMT

    … the Democratic Republic of the Congo (BCC) decided to maintain its … the depreciation of the official currency, the Congolese franc, according to the statement …

  • CFA franc: conditions are ripe for replacement of the west African currency rooted in colonialism 17 Apr 2024 13:18 GMT

    … of the CFA franc. The CFA franc zone was founded … Cameroon, Gabon, Republic of Congo, Central African Republic, Chad and … Popular mobilisation against the currency has been intense in … Africa’s Last Colonial Currency: The CFA Franc Story, serious attempts …

  • Congo Appoints First Female Prime Minister Amid Eastern Violence 02 Apr 2024 14:42 GMT

    … been asked to leave Congo after the government … exams Congo Capital: Kinshasa; Congo Official language: French; Congo Currency: Congolese Franc. President … of the Democratic Republic of Congo: Felix …

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