Search within this web site:

 
you are here ::

Economy, Currency and Banking

Banque Internationale, Banques, unit of currency, exchange rate, French franc

The unit of currency is the CFA franc, issued by the Bank of the States of Central Africa in Brazzaville (711.98 CFA francs equal U.S.$1; 2000 average). An exchange rate of 50 CFA francs equal to 1 French franc was in force from 1948 to 1994, when the CFA franc was devalued by 50 percent. The leading commercial banks are the Banque Internationale du Congo and the Union Congolaise de Banques.



Article key phrases:

Banque Internationale, Banques, unit of currency, exchange rate, French franc, Brazzaville, force, percent, average

 
 

Search within this web site: