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Cemac zone: the BEAC denies a rumor of devaluation of the CFA franc

21/01/2026
Source : ORISHAS FINANCE
Categories: Sectors

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The Bank of Central African States (BEAC) a Denied on January 16, 2026, a rumor of devaluation of the CFA franc that is circulating in the Cemac zone for several years. She assured that no such decision is not envisaged and that the currency remains anchored to judged parameters controlled, despite a more constrained economic environment.

The BEAC, issuing institute of the six countries of Central African Economic and Monetary Community (CEMAC) Cameroon, Congo, Gabon, Equatorial Guinea, Chad and CAR; these speculations are “unfounded” and not based on any evidence economic or institutional decision. The institution recalled that the CFA franc remains a stable and fully convertible currency, supported by the monetary cooperation with France and through qualified foreign exchange reserves of “comfortable”.

“Our currency, guaranteed by cooperation with France and supported by comfortable foreign exchange reserves, remains stable and convertible. The economic fundamentals of CEMAC, although marked by challenges, do not justify such a measure in any way,” did namely the central bank.

She also reaffirmed her priorities. It's about to maintain price stability, to preserve foreign exchange reserves and supervision of a “healthy and resilient” financial system. One how to frame the debate around monetary policy goals, then that markets and economic agents remain sensitive to any signal on parity.

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