Topic: English-speaking West African countries condemn rename of CFA franc  (Read 1249 times)

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English-speaking West African countries condemn rename of CFA franc

English-speaking West African countries on Thursday criticised a move to rename the CFA franc used by former French colonies, saying the move jarred with plans to introduce a region-wide currency of the same name. Members of the West African Monetary Zone (WAMZ) Convergence Council said they “noted with concern” the December 21 announcement “to unilaterally
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