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BCC

DRC: Central Bank Injects $50 Million into Banking Market to Support Congolese Franc

In an effort to stabilize the Congolese franc, the Central Bank of Congo (BCC) has recently announced the sale of $50 million to the country’s commercial banks. This operation, executed...
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Democratic Republic of Congo Welcomes New Leadership at Central Bank

Kinshasa – A new chapter opens in the Democratic Republic of Congo’s financial governance as André Wameso Nkwaloki is appointed Governor of the Central Bank of Congo (BCC), following a...
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DRC Central Bank maintains Rates

The Central Bank of Congo (BCC) decided to keep its key rate unchanged at 25% following a meeting of its Monetary Policy Committee held on Friday May 31, 2024. Under...
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DRC Monetary Policy to remain prudent in 2021

All the efforts supported by the Bretton Woods partners and the African Development Bank (AfDB) in terms of budget support did not make it possible to avoid a contraction in...
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