Stricter forex regulations in Central Africa needed to shore up reserves – IMF

IMF HQ 2
Henrik Gschwindt de Gyor/IMF

The economies of the Central African Economic and Monetary Union (CEMAC) should implement stricter foreign exchange regulations to halt a trend of dwindling reserves, says the International Monetary Fund (IMF).

In a report on the region, entitled CEMAC: Economic outlook improving, but faster progress needed published on July 27, the IMF points out the Bank of the Central African States (BEAC) may need to take action if reserves remain below target. Net foreign assets at the BEAC stood at

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: