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Central Africa States Rule Out CFA Franc Devaluation, Governor Says

Central African countries have no plans to devalue their common currency despite economic pressure caused by weak growth and low foreign-exchange reserves, according to Bank of Central African States Governor Yvon Sana Bangui.

A man displays 10,000 denomination Central African franc banknotes in this arranged photograph in N'Djamena, Chad. Photographer: Xaume Olleros/Bloomberg
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