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Uemoa: sharp downturn in the interbank market in January

12/03/2025
Source : ORISHAS FINANCE
Categories: Index/Markets

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The BCEAO Monthly Bulletin of Statistics for January 2025 mentions that the interbank market of the West African Economic and Monetary Union (UEMOA) registered a sharp decline in January 2025.

The Bceao document indicates that the average weekly trade volume fell by 22.9%, from 827.0 billion CFA francs in December 2024 to 637.3 billion CFA francs in December 2024 to 637.3 billion CFA francs in January 2025. This decrease reflects the caution of banks in the face of more limited liquidity. The average interest rate for the one-week compartment stood at 6.30% in January 2025 against 6.34% in December 2024, according to the Central Bank of West African States (BCEAO) . The one-day interbank rate was 6.12%, while the one-week interbank rate reached 6.30%. Over longer periods of time, the rates were 6.33% at two weeks, 6.17% at one month, 6.20% at three months, and 5.78% at six months

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