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UEMOA interbank market: drop in my BCEAO transactions in September 2024

07/11/2024
Source : ORISHAS FINANCE
Categories: Index/Markets

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In its Monthly Bulletin of Trade Statistics, the BCEAO indicated qu' une contraction du volume that

sur le marché interbancaire de l' was established in September 2024Uemoa.

He Bulletin mensuel des statistiques mentions that “all for all maturities combined, the average weekly trading volume was 735.3 billion compared to 797.4 billion in August 2024, a decrease of 7.8%. The average interest rate, calculated on the one-week compartment, rose from 6.03% in August to 6.15% during the period under review” . There was a slight decrease in interest rates from banks in September 2024 compared to the previous month. L The lending rate in the Union was hors charges et taxes 7.12% in September 2024, down from 7.14% in previous month . The rates taux d' intérêt créditeurs des dépôts à terme were established at 5.37% during the month under review, up 6 basis points compared to August 2024

.

Selon la Bceao, the business climate indicator remained above its long-term trend, standing at 100.9, which reflects continued confidence among business leaders in the favorable direction of activities. The inflation rate fell, year-on-year, to 3.6% in September 2024, decelerating by 0.8 percentage points (pdp) compared to the level of 4.4% observed the previous month

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