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Macro Finance

Congo to Demand Franc Payments to Boost Currency, Investment

Bloomberg Markets·October 12, 2026·1 min read

Democratic Republic of Congo's central bank will soon require a range of payments to be made in francs instead of dollars, including to mining subcontractors, Governor Andre Wameso said. The move aims to strengthen the local currency and encourage domestic investment, reducing reliance on the dollar in the country's economy.

Read at Bloomberg Markets
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