The former French colonies in Central and West Africa have been independent since 1960, but most of these countries still use the currency of the former oppressor: the CFA franc. It was linked to the French franc when it was introduced, so the national bank in Paris controlled monetary policy. Now the currency has a fixed exchange rate with the euro. The link with the European currency strongly influences the monetary policy of CFA countries. And that means the value of the CFA franc is defined by political decisions taken elsewhere, rather than by the domestic economy.
November 9, 2022
Tact Production, Indigo Mood Films
1971
2024
1965
2025
2026
1985
2019
2017
2025
2025
2022
2020
2017
2024
2008
2001
2024
2019
1978
2006
2008
2018
2021
1958
2021
2020
2017
2014
1971
2017
2024
2006
2017
1991
2015
2022
2007
2022
2025
