New bank notes for Central Africa region to be launched
Some of the 2002 generation of banknotes for the six-member Central African Economic and Monetary Community which will be progressively removed from circulation after release of new notes in mid-December 2022. PHOTO | NDI EUGENE NDI | NMG
The Bank of Central African States (BEAC), the common bank for the six-member Central African Economic and Monetary Community (CEMAC) will release new banknotes mid-December.
The decision to circulate the new range of banknotes of FCFA 500, 1,000, 2,000, 5,000 and 10,000 was reached during an extraordinary session of the Ministerial Committee of the Central African Monetary Union (UMAC) held on November 7, the body said in a release on Tuesday.
