Social Sciences
6 years ago

Depreciation of Congolese Franc Hits Household Savings in Mbujimayi City

MPRA Paper
La dépréciation du franc congolais par rapport au dollar américain et son incidence sur l'épargne des ménages de la ville de Mbujimayi [the depreciation of congolese franc against the US dollar and its impact on Household savings. Pratical case of the city of Mbujimayi]
Alex Mitewu Kabamba

Paper Summary

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The article examines why the Congolese franc is losing value compared to the US dollar, how this affects household savings in Mbujimayi, and suggests ways to strengthen the Congolese franc and protect savers.