Representatives of the West and Central African Franc Zone say the CFA franc, which is currently pegged to the euro, will not be revaluated any time soon.  This is despite concerns over mounting European financial troubles.  The finance ministers of the 15 member countries met this week to discuss the future of the Franc Zone and the CFA.

The Bank of France, along with economic experts and the finance ministers of the 15 African countries in the Franc Zone, believe the current model … [Read More]

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Source: VOA News: War and Conflict