{"id":472823,"date":"2021-07-13T11:44:49","date_gmt":"2021-07-13T11:44:49","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=472823"},"modified":"2021-07-13T11:44:49","modified_gmt":"2021-07-13T11:44:49","slug":"cemac-beacs-foreign-exchange-reserves-fall-by-16-43-over-one-year","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/07\/13\/cemac-beacs-foreign-exchange-reserves-fall-by-16-43-over-one-year\/","title":{"rendered":"CEMAC: BEAC&#8217;s foreign exchange reserves fall by 16.43% over one year"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The foreign exchange reserves of the Bank of Central African States (BEAC) stood at 4.137 billion FCFA (approximately 7.5 billion USD) as of May 31, 2021, against 4.951 billion on the same date in 2020. That is to say a contraction of 16.43% in one year, according to the recent report on monetary policy published by the issuing body based in Yaound\u00e9 (Cameroon).<\/p>\n<p>These reserves are made up of 84% of foreign sight assets, 6.3% of other foreign currency assets in the trading room, 5% in gold stocks, and 4.7% in Fund assets. international monetary policy (IMF).<\/p>\n<p>\u201cOn a monthly basis, in May 2021 there was an increase in foreign exchange reserves of 129 billion (3.2%). This development results from the positive net situation of transfers for the month under review (119 billion), in connection with a decline in the level of outgoing transfers \u201d, explains the Central Bank common to the 6 countries of the African Economic and Monetary Community. power plant (CEMAC).<\/p>\n<p>As a reminder, foreign exchange reserves fell to 3,686 billion FCFA in March.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The foreign exchange reserves of the Bank of Central African States (BEAC) stood at 4.137 billion FCFA (approximately 7.5 billion USD) as of May 31, 2021, against 4.951 billion on the same date in 2020. That is to say a contraction of 16.43% in one year, according to the recent report on monetary policy published<\/p>\n","protected":false},"author":536282,"featured_media":472824,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[11996,12040,12046],"tags":[156,12248,19424,19425],"class_list":{"0":"post-472823","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-finance-en","8":"category-international-institutions","9":"category-leaders-en","10":"tag-beac","11":"tag-cemac-en","12":"tag-fall-by-16-43","13":"tag-the-bank-of-central-african-states","14":"post_format-post-format-aside","15":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CEMAC: BEAC&#039;s foreign exchange reserves fall by 16.43% over one year - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2021\/07\/13\/cemac-beacs-foreign-exchange-reserves-fall-by-16-43-over-one-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CEMAC: BEAC&#039;s foreign exchange reserves fall by 16.43% over one year\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2021\/07\/13\/cemac-beacs-foreign-exchange-reserves-fall-by-16-43-over-one-year\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-13T11:44:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2021\/07\/BEAC-Yaounde.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"560\" \/>\n\t<meta property=\"og:image:height\" content=\"315\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Albert Savana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Albert Savana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/13\\\/cemac-beacs-foreign-exchange-reserves-fall-by-16-43-over-one-year\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/13\\\/cemac-beacs-foreign-exchange-reserves-fall-by-16-43-over-one-year\\\/\"},\"author\":{\"name\":\"Albert Savana\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/12e2e10e56f65df0540cb842b7b0ce22\"},\"headline\":\"CEMAC: BEAC&#8217;s foreign exchange reserves fall by 16.43% over one year\",\"datePublished\":\"2021-07-13T11:44:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/13\\\/cemac-beacs-foreign-exchange-reserves-fall-by-16-43-over-one-year\\\/\"},\"wordCount\":170,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/13\\\/cemac-beacs-foreign-exchange-reserves-fall-by-16-43-over-one-year\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/BEAC-Yaounde.jpg\",\"keywords\":[\"BEAC\",\"CEMAC\",\"fall by 16.43%\",\"the Bank of Central African States\"],\"articleSection\":[\"Finance\",\"International Institutions\",\"Leaders\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/13\\\/cemac-beacs-foreign-exchange-reserves-fall-by-16-43-over-one-year\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/13\\\/cemac-beacs-foreign-exchange-reserves-fall-by-16-43-over-one-year\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/13\\\/cemac-beacs-foreign-exchange-reserves-fall-by-16-43-over-one-year\\\/\",\"name\":\"CEMAC: BEAC's foreign exchange reserves fall by 16.43% over one year - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/13\\\/cemac-beacs-foreign-exchange-reserves-fall-by-16-43-over-one-year\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/07\\\/13\\\/cemac-beacs-foreign-exchange-reserves-fall-by-16-43-over-one-year\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/BEAC-Yaounde.jpg\",\"datePublished\":\"2021-07-13T11:44:49+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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