Sunday, December 10, 2023
Market-Reporter
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
Market-Reporter
No Result
View All Result
Home Currencies

West African regional bloc adopts new plan to launch Eco single currency in 2027

MtR by MtR
June 19, 2021
in Currencies
0
West African regional bloc adopts new plan to launch Eco single currency in 2027


Issued on: 19/06/2021 – 21:16

A group of fifteen West African countries have adopted a new road map to launch a single currency in 2027 after its previous plans were derailed by the coronavirus pandemic.

Related articles

Cuba’s currency shakeup deepens its economic woes, by Maïlys Khider (Le Monde diplomatique

Cuba’s currency shakeup deepens its economic woes, by Maïlys Khider (Le Monde diplomatique

December 10, 2023
Finance Ministry Investigators arrest one for sale of counterfeit currency

Finance Ministry Investigators arrest one for sale of counterfeit currency

December 10, 2023

The new road map was agreed by heads of state of the Economic Community of West African States (ECOWAS), Jean-Claude Kassi Brou, president of the ECOWAS Commission, told a news conference after a summit of the leaders in Ghana on Saturday

The countries hope a single currency will help to boost trade and economic growth

“Due to the shock of the pandemic, the heads of state had decided to suspend the implementation of the convergence pact in 2020-2021” Brou said.

“We have a new road map and a new convergence pact that will cover the period between 2022-2026, and 2027 being the launch of the Eco,” he said, referring to the name of the new currency.

Nigeria, the largest economy in West Africa, currently operates a managed float for its currency, while eight others including top cocoa producer Ivory Coast, use the France-backed CFA, pegged to the euro.

(REUTERS)



Source link

Related Posts

Cuba’s currency shakeup deepens its economic woes, by Maïlys Khider (Le Monde diplomatique

Cuba’s currency shakeup deepens its economic woes, by Maïlys Khider (Le Monde diplomatique

by MtR
December 10, 2023
0

Food scarcity drives prices up: queueing for vegetables, Havana, 31 March 2023 Adalberto Roque · AFP · Getty A sudden...

Finance Ministry Investigators arrest one for sale of counterfeit currency

Finance Ministry Investigators arrest one for sale of counterfeit currency

by MtR
December 10, 2023
0

The Investigation Service of Georgia’s Ministry of Finance on Thursday said its professionals had arrested one individual for selling counterfeit...

Iran discloses amount of foreign currency sold at its Currency & Gold Exchange Center

Iran discloses amount of foreign currency sold at its Currency & Gold Exchange Center

by MtR
December 10, 2023
0

Subscription to paid content Gain access to all that Trend has to offer, as well as to premium, licensed content...

Crypt Currency Uncovered – The Kashmir Horizon

Crypt Currency Uncovered – The Kashmir Horizon

by MtR
December 10, 2023
0

Hey finance enthusiasts! In this extensive exploration, we dive into the captivating world of crypto currencies, an enigmatic sphere that...

Palau satisfied with its Ripple-powered CBDC pilot

Palau satisfied with its Ripple-powered CBDC pilot

by MtR
December 9, 2023
0

Palau is touting its pilot of a Central Bank Digital Currency (CBDC) based on Ripple technology. Despite minor challenges, the...

Load More
  • Trending
  • Comments
  • Latest
Bank of England tells ministers to intervene on digital currency ‘programming’

Bank of England tells ministers to intervene on digital currency ‘programming’

June 21, 2021
Tips for checking smoke alarms during daylight saving time

Tips for checking smoke alarms during daylight saving time

March 12, 2022
GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

July 9, 2021
What will Durham County education bonds pay for? A full list

What will Durham County education bonds pay for? A full list

July 8, 2022
African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

0
Maxum Foods releases Global Dairy Commodity Update for June

Maxum Foods releases Global Dairy Commodity Update for June

0
Letter: Perpetual bonds can help states fight hunger

Letter: Perpetual bonds can help states fight hunger

0
United Kingdom ETFs Are Riding the Re-Opening Momentum

United Kingdom ETFs Are Riding the Re-Opening Momentum

0
RHI Magnesita eyes USD 1 bn revenues from India, Middle East, Africa region: CEO Stefan Borgas

RHI Magnesita eyes USD 1 bn revenues from India, Middle East, Africa region: CEO Stefan Borgas

December 10, 2023
Market Views: Predictions for best-performing EM currency of 2024 | Fund Managers

Market Views: Predictions for best-performing EM currency of 2024 | Fund Managers

December 10, 2023
Asia Markets End Lower, Europe Slides While Crude Oil Slips Below $70 – Global Markets Today While US Was Sleeping – SmartETFs Asia Pacific Dividend Builder ETF (ARCA:ADIV)

Asia Markets End Lower, Europe Slides While Crude Oil Slips Below $70 – Global Markets Today While US Was Sleeping – SmartETFs Asia Pacific Dividend Builder ETF (ARCA:ADIV)

December 10, 2023
Omni Helicopters orders three Leonardo helicopters for Latin America market

Omni Helicopters orders three Leonardo helicopters for Latin America market

December 10, 2023

Recent News

RHI Magnesita eyes USD 1 bn revenues from India, Middle East, Africa region: CEO Stefan Borgas

RHI Magnesita eyes USD 1 bn revenues from India, Middle East, Africa region: CEO Stefan Borgas

December 10, 2023
Market Views: Predictions for best-performing EM currency of 2024 | Fund Managers

Market Views: Predictions for best-performing EM currency of 2024 | Fund Managers

December 10, 2023
Asia Markets End Lower, Europe Slides While Crude Oil Slips Below $70 – Global Markets Today While US Was Sleeping – SmartETFs Asia Pacific Dividend Builder ETF (ARCA:ADIV)

Asia Markets End Lower, Europe Slides While Crude Oil Slips Below $70 – Global Markets Today While US Was Sleeping – SmartETFs Asia Pacific Dividend Builder ETF (ARCA:ADIV)

December 10, 2023

Categories

  • Asia
  • Bonds
  • Canada
  • Commodities
  • Cryptocurrencies
  • Currencies
  • Emerging Markets
  • ETFs
  • Europe & Middle East
  • IPOs
  • Latin America
  • Mutual Funds
  • Personal Finance
  • Real Estate
  • Retirement
  • Spending & Saving
  • Stocks
  • U.S. Markets
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Market-Reporter

No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate

© 2021 Copyright Market-Reporter