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Congo Central Bank Bans Foreign Cash Transactions by 2027

4/13/2026

23 3 Full Breakdown

Summary

Story summary

The Central Bank of the Congo will ban cash transactions in foreign currencies starting April 9, 2027 to improve oversight of money flows and curb dollarisation.
The Congolese franc trades near 2,300 per dollar.
Economic growth is projected to reach 6.2% in 2026.
Enforcement will challenge state capacity and public trust.

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Story summary

The Central Bank of the Congo will ban cash transactions in foreign currencies starting April 9, 2027 to improve oversight of money flows and curb dollarisation.
The Congolese franc trades near 2,300 per dollar.
Economic growth is projected to reach 6.2% in 2026.
Enforcement will challenge state capacity and public trust.