Franc CFA

The Ivorian National Assembly this week adopted the cooperation agreement with France for the implementation of eco, the future West African currency. But the provisions of this currency that will replace the CFA franc continue to be discussed. In particular, on its firm parity with the euro guaranteed by France. as reported…

It is today that France ratifies the Monetary Cooperation Agreement concluded a year ago, on 21 December 2019, by Paris and the states of the West African Monetary Union. This agreement marks the conversion of the CFA franc, which will be echoed while maintaining the fixed parity with the euro. France withdraws its representatives from monetary governing bodies such as the BCEAO and no longer requires…