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The rumour over FCFA currency's devaluation [The Morning Call]

The rumour over FCFA currency's devaluation [The Morning Call]

The Morning Call

Would the CFA Franc, the currency of six independent states in Central Africa be devalued? This question is one that has spilled many rumours. At the Chadian capital N’djamena last week, the rumours hovered around an extraordinary summit of heads of state of the Central African Economic and Monetary Community CEMAC.

At the end of the meeting, there was no announcement made as to the common currency, yet the rumours have prevailed.

So, what is it about the CFA franc and why is there so much talk about an impending devaluation?

The Morning Call

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The Morning Call

The Morning Call is about you. We want to share your opinions on our programme. If you want to contribute to The Morning Call, here are the best ways to get in touch : For more details on how to contribute, click here.