This report on exchange rate developments in 2016 is part of the monitoring of the stabilization of exchange rates of ECOWAS national currencies, which is a main activity under the Roadmap for the creation of the ECOWAS single currency. It contains the analysis of the world economic and financial environment, a review of the evolution […]
Following the adoption of the ECOWAS Single Currency Roadmap at the end of the 5th Session of the Convergence Council which was held in Abuja, Nigeria, on 25 May 2009, various activities were assigned to relevant regional institutions under the of the Single Currency Roadmap for purposes of coordinating their implementation. Subsequently, WAMA was asked […]
The stabilization of the exchange rates of ECOWAS currencies features prominently in the road map set out for the establishment of the regional Single Currency. This is considered as a continuous process to be finalized two years prior to the launch of the Single Currency. Hence, the need for keen monitoring of trends in the […]
The stabilization of ECOWAS currencies exchange rates features prominently in the road map set out for the establishment of the sub-regional single currency. This is considered as a continuous process to be finalized two years prior to the launch of the single currency. Hence, the need for keen monitoring of trends in the exchange rates […]
At the end of its Summit held on 15th June 2007, the ECOWAS Authority of Heads of State and Government had instructed the ECOWAS Commission to review the current approach geared towards the achievement of monetary integration in the region, and examine the possibility of adopting a new approach for the establishment of the single […]
The stabilization of exchange rates of ECOWAS currencies features prominently in the road map designed for the establishment of a sub regional single currency. This is considered as a continuous process to be finalized two years before the launch of the single currency. Hence the need for a close monitoring of trends in exchange rates […]
The year 2007 was one of the most challenging in the annals of the West African Monetary Agency. The Agency faced certain administrative and financial problems that culminated in a change in management during the last quarter of the year. Notwithstanding the operational encumbrances, the activities of the Agency proceeded in accordance with the 2007 […]
For some years now, there has been a flurry of literature on exchange rate trends in countries that are seeking to joint a monetary union. In fact, the use of direct criteria such as exchange rate volatility is in response to weak empirical validation of traditional criteria on optimum monetary zones. Economists that have worked […]
