The Central Bank of Congo (BCC) decided on March 9 to regularly publish its exchange rate through the media to put an end to speculation observed on the parallel market after the exchange rate skyrocketed in the last few days.

The Congolese franc depreciated against the US dollar on the foreign exchange market. This leads the BCC to speak of speculation. Thus, Aimé Boji Sangara, Minister of the Budget announced after a meeting of the Economic Conjuncture Committee that the BCC will now publish its exchange rate regularly to put an end to this speculation. A l' en croire , the Congolese Prime Minister, Jean-Michel Sama Lukonde Kyenge convened a special meeting today to discuss the issue of the Congolese franc rate following the various reports received from public opinion.

“ To set the record straight, it must be said that the figures provided to us by the Central Bank of Congo reveal that the franc has remained relatively stable over the past few weeks. As of today, the franc has been traded at a rate of 2,035 Congolese francs against the US dollar on the official market. On the parallel market, we observed rates that vary between 2250 and 2350 Congolese francs per US dollar”, reports Aimé Boji Sangara.