The Bank of Central African States (BEAC) provides explanations on the new exchange regulations for nationals of the Economic and Monetary Community of Central Africa (CEMAC). Meeting on 4 July 2019 in Douala as part of the dual session of the Ministerial Committee of the Central African Monetary Union (UMAC) and the Council of Ministers…...
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BEAC explains new exchange regulations in CEMAC Zone
Explaining the reforms under way, BEAC Governor Abbas Mahamat Toli said that this is a process that should have taken place over the last seven years, had it not been for "the laxity of the Central Bank".
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