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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Banque Centrale des Etats d' Afrique de l' Ouest ( Bceao ) analyzed the situation in the interbank market of Union économique et monétaire ouest-africaine ( Uemoa) in its “Monthly Statistics Bulletin”
for May 2023.The Monthly Bulletin of Statistics mentions that a contraction in trade volume was recorded during the month of May 2023. , “toutes According to the BCEAO maturities Combined, the average weekly volume of transactions fell from 686.2 billion in April 2023 to 652.7 billion in May 2023, a decrease of 4.9%. The average reference interest rate calculated on the interbank market for one week came out at 5.51% in May 2023 compared to 5.53% in April 2023, a decrease of 2 basis points.”
During May 2023, the business climate indicator remained above its long-term trend, standing at 101.1, reflecting the continued confidence of business managers in the favourable direction of activities.
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