Kabila's Congo relaxes forex regulations

Democratic Republic of the Congo's central bank has eased restrictions on who can trade in foreign exchange and extended a list of transactions in which it can be used, state radio reported on Friday.

The radio, broadcasting remarks made by bank governor Jean-Claude Masangu at a meeting with business leaders on Thursday, said the aim was to try to narrow the gap between the official and the black market exchange rates. The official rate on Friday stood at 50 Congolese francs to the dollar and