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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOn August 31, 2020, the Central Bank of West African States (BCEAO) injected nearly 3,383 billion CFA francs over a one-week maturity at a fixed interest rate of 2% into the WAEMU economy in order to combat the negative impacts of the pand covid-19 emia.
A total of 90 commercial banks were met by the Central Bank during this injection where all liquidity needs expressed by commercial banks were fully covered.
Thus, for this new injection, the 23rd of its kind, the total amount of refinancing obtained by commercial banks in Senegal and Côte d'Ivoire was respectively 649 billion FCFA and 1,000 billion FCFA.
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