-
Analysis: Rwanda MPC raises MPR by 25bps to 6.75%
21 Aug 2025 18:43 GMT
… the announcement. Historically, the Rwanda MPC has demonstrated a … some views, with the Rwandan franc's performance over … supporting this measure. The currency has shown signs of … double-digit growth in Rwanda unlike some regional counterparts, …
-
Rwanda revives CBDC project; Botswana launches feasibility test
12 Aug 2025 03:53 GMT
… to best implement a digital Rwandan franc.
Further south, Botswana has … like Kenya, say a digital currency isn’t a priority as … nation to launch a digital currency with its e-Naira, but … steps.
As #Rwanda explores a Central Bank Digital Currency, the aim is …
-
Rwanda bans use of foreign currency in local trade
25 Jun 2025 10:40 GMT
… the use of the Rwandan franc, improve monetary policy … , or referencing foreign currency values during domestic negotiations … non-resident customers.
Rwanda’s currency law mirrors efforts … trend aimed at safeguarding currency sovereignty, enhancing monetary …
-
IFC raises $17mln in Rwanda’s second ‘Umuganda’ bond
23 Jul 2025 12:21 GMT
… IFC’s first onshore Rwanda franc-denominated bond in 11 … international currency.“We are excited to return to Rwanda’s … .”IFC issued its inaugural Rwandan franc-denominated onshore bond in … term “Umuganda” for domestic Rwanda franc issuances by non-resident …
-
Rwanda, Nigeria listed among 10 African countries with weakest currencies
29 Jun 2025 16:16 GMT
… continue to face significant currency challenges, largely due to … data from the Forbes currency calculator (as of June … signs of recovery.
10. Rwanda – The Rwandan Franc (RWF) rounds out the … driven by policy adjustments, currency weakness continues to weigh …
-
Rwanda moves to ban illegal dollar trade as new currency law takes effect
24 Jun 2025 14:46 GMT
… crackdown on foreign currency use in Rwanda prohibits displaying prices … , and referencing foreign currency values during domestic sales … , and referencing foreign currency values during sales negotiations … the use of the Rwandan franc in the national economy …
-
Rwandan franc battered by East African countries currency peers
25 Mar 2025 11:57 GMT
The Rwandan franc (Rwf) has been battered by … .“In nominal effective terms, the Rwandan franc depreciated against a weighted average …
-
Rwanda’s BNR Wants Businesses and Individuals Shielded from Forex Volatility—Through Banks
08 Jun 2025 16:30 GMT
… rate.
Even if the Rwandan franc weakens in the meantime, … and shields businesses from sudden forex shocks.
Until now, only … in developing economies where currency fluctuations can have major … contracts to help manage currency risks.
Rwanda Turns to Gold and …
-
Charging Goods or Services in Foreign Currency to Be Fined up to Rwf 10 Million
02 Jun 2025 11:12 GMT
… of foreign currency in Rwanda, the National Bank of Rwanda (BNR) … wants to ensure that the Rwandan Franc remains strong, respected, … the value of the Rwandan Franc (FRW) and prevent … and forex bureaus — that knowingly transacts in foreign currency with …
-
AfDB projects 6% currency slump in 21 African nations by 2026
29 May 2025 10:15 GMT
… Nigeria, Egypt, Ethiopia, Ghana, Rwanda, Zambia, Libya, and Zimbabwe … drop in foreign exchange (FX) market volatility, now reportedly … CFA franc zone are expected to see currency appreciations … , could further erode currency stability.
To mitigate …