Money, Freedom, a Story of CFA Franc
The former French colonies in Central and West Africa have been independent since 1960, but most of these countries still use the currency of the former oppressor: the CFA franc. It was linked to the French franc when it was introduced, so the national bank in Paris controlled monetary policy. Now the currency has a fixed exchange rate with the euro. The link with the European currency strongly influences the monetary policy of CFA countries. And that means the value of the CFA franc is defined by political decisions taken elsewhere, rather than by the domestic economy.
The former French colonies in Central and West Africa have been independent since 1960, but most of these countries still use the currency of the former oppressor: the CFA franc. It was linked to the French franc when it was introduced, so the national bank in Paris controlled monetary policy. Now the currency has a fixed exchange rate with the euro. The link with the European currency strongly influences the monetary policy of CFA countries. And that means the value of the CFA franc is defined by political decisions taken elsewhere, rather than by the domestic economy.
- director
- Katy Lena Ndiaye
- cast
- genres
- runtime
- 1 hr 42 mins
people also liked
The Secret Six
Problem Child 2
Lethal Weapon 3
Captain America: The First Avenger
Decalogue X
Lethal Weapon 2
Bill & Ted's Bogus Journey
My Father and My Son
Spy Kids: All the Time in the World
The Land Before Time V: The Mysterious Island
The Cook, the Thief, His Wife & Her Lover
Jennifer Lopez | All I Have
Welcome to the North
Agent Cody Banks 2: Destination London
Sherlock Holmes: A Game of Shadows
Code Geass: Akito the Exiled 4: Memories of Hatred
Memento
Harry Potter and the Chamber of Secrets
