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Toggle Pegged exchange rate within horizontal bands subsection. 8.1 Composite exchange rate anchor. 9 Other managed arrangement. ... Côte d'Ivoire
Usage of: West African CFA franc Central African CFA franc The West African CFA franc (French: franc CFA or simply franc, ISO 4217 code: XOF; abbreviation: F.CFA) is the currency used by eight independent states in West Africa which make up the West African Economic and Monetary Union (UEMOA): Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo.
The CFA franc was created with a fixed exchange rate versus the French franc. This exchange rate was changed only twice, in 1948 and in 1994 (besides nominal adaptation to the new French franc in 1960 and the Euro in 1999). Exchange rate: 26 December 1945 to 16 October 1948 – F.CFA 1 = 1.70 French franc.
PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than nominal GDP. [4] On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. [5]
By developing-country standards, Ivory Coast has an outstanding infrastructure. [21] There is a network of more than 13,000 kilometres (8,000 mi) of paved roads; modern telecommunications services, including a public data communications network; cellular phones and Internet access; two active ports, one of which, Abidjan, is the most modern in West Africa; rail links-in the process of being ...
Ivory Coast, also known as Côte d'Ivoire [a] and officially the Republic of Côte d'Ivoire, is a country on the southern coast of West Africa. Its capital city of Yamoussoukro is located in the centre of the country, while its largest city and economic centre is the port city of Abidjan .
Bridge Bank Group Côte d'Ivoire (BBG-CI) Citibank Côte d'Ivoire, part of Citigroup; Coris Bank International Côte d'Ivoire, part of Coris Bank Group; Ecobank Côte d'Ivoire, part of Ecobank Group; Guaranty Trust Bank Côte d'Ivoire (GTBank-CI), part of GTCO Group; Mansa Bank; NSIA Banque Côte d'Ivoire (formerly BIAO), part of the local NSIA ...
The exchange is located in Abidjan, Cote d'Ivoire. Market offices are maintained in each country. Market offices are maintained in each country. BRVM is a private corporation with 2,904,300,000 CFA francs in capital.