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    • Congolese Franc (CDF)

Congolese Franc (CDF) Newsletter
  • Kenya banks book $100m forex gain from foreign units 25 Aug 2023 09:22 GMT

    … their home currencies (functional currency), but when the financials … into the group, the currency is translated into shillings … Tanzania shilling and Rwandese Franc respectively. Read: Fear in … of Congo (DRC) and South Sudan, recorded the biggest currency …

  • Banks book Sh14bn forex gain from foreign units 25 Aug 2023 03:30 GMT

    … and liabilities rise on forex market woes Regional … into the group, the currency is translated into shillings … Franc respectively. Lenders operating in the DRC have also recorded translated currency … Congo (DRC) and South Sudan, recorded the biggest currency …

  • Congo Central Bank More Than Doubles Benchmark Interest Rate 09 Aug 2023 23:46 GMT

    … committee of Democratic Republic of Congo’s central bank more than … weakening of the country’s currency. The Congolese franc has lost about 21% …

  • Congo Finance Minister Steps In to Halt Depreciation of Franc 19 Jul 2023 17:02 GMT

    The Democratic Republic of Congo’s government will reduce its … currency, Finance Minister Nicolas Kazadi said. The measures come after the Congolese franc …

  • Top 10 African countries with the weakest currency exchange rates in 2023 18 Jul 2023 11:39 GMT

    … courtesy of Trading Economics daily currency indicators. The indicator is … updated to reflect the latest currency exchange rates for countries … leaving out 11. The currency rates below reflects rates as … USD= 2806.96 6. Congo Congolese Franc 1 USD = 2476.00 …

  • DRC’s franc plunges against dollar 13 Jul 2023 01:19 GMT

    … changers are contributing to the franc’s slide 12 July 2023 … of Democratic Republic of Congo’s (DRC’s) currency continues to slide … rate with the dollar.  The Congolese franc has lost more than 20% … its value against the US currency since the beginning of 2023 …

  • Congo Struggles to Steady Franc Amid Conflict, Election Spending 12 Jul 2023 10:08 GMT

    … Democratic Republic of Congo’s currency continues to slide … with the dollar.  The Congolese franc has lost more than … external balance, excess domestic currency liquidity, exchange rate depreciation, … authorities. Mulamba said Congo’s banking association was …

  • DR Congo currency drops amid war spending, arrears payments 03 Apr 2023 09:49 GMT

    … Congo, March 27, 2023.AFP Since the new year, the Congolese franc … purchases are made using the currency. The economist, who declined … changing district in Kinshasa, currency dealers also said the market … to stabilise the currency, but the franc's falling …

  • 'It Hurts': DR Congo Currency Drops Amid War Spending, Arrears Payments 03 Apr 2023 05:46 GMT

    … impoverished Democratic Republic of Congo, leaving locals struggling to … the new year, the Congolese franc has depreciated about 15 percent … changing district in Kinshasa, currency dealers also said the … the new year, the Congolese franc has depreciated about 15 …

  • Inside Africa currency redesign craze 14 Feb 2023 06:25 GMT

    … also currently replacing its currency notes to prevent hoarding … Central African Republic, Chad, Congo, Equatorial Guinea, and Gabon … using redesigned and upgraded currency notes that began … five upgraded denominations of the franc (XAF) banknotes (500, …

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