U.S. tariffs and an appreciation in European currencies caused by dollar weakness have eroded companies' top line performance ...

1. A new name for the currency: the UEMOA authorities indicated their desire to switch from “CFA franc” (XOF) to “ECO”. The currency’s name is a matter for our UEMOA partners only; 2. Abolition of the ...

The dollar fell against major currencies on Tuesday as President Donald Trump's unprecedented move to fire Federal Reserve ...

But lines of last-minute holdouts still formed all week long outside Banque de France branches, the last place where francs can be swapped for the new currency at the rate of 6.55957 francs for 1 ...

After Côte d’Ivoire’s President Alassane Ouattara announced on 21 December 2019 in Abidjan that the CFA franc is nearing its end and set to be replaced by the Eco, people in Africa’s Franc Zone began ...

The CFA was created in 1945 as a currency for France’s colonial dependencies. It comprises eight countries: Côte d’Ivoire, Burkina Faso, Senegal, Togo, Benin, Niger, Mali and Guinea-Bissau.