Africa
Congo - KinshasaDR Congo to ban foreign currency cash payments from April 2027
The Democratic Republic of the Congo plans to ban cash transactions in foreign currency starting April 2027 to strengthen the use of its national currency.
Background
The Democratic Republic of Congo has long faced economic instability and a reliance on foreign currencies. Efforts to assert greater control over its monetary policy and strengthen the national currency are part of broader government initiatives to stabilize the economy and improve financial sovereignty.
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DR Congo to ban foreign currency cash payments from April 2027
First report 8h agoLast update 8h ago1 takes 1
strengthening national currencyneutralShow 1 post
started 8h ago•Last update 8h ago
The Central Bank of Congo is implementing a ban on foreign currency cash payments to reduce the dominance of the US dollar and bolster the national currency.
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