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Topic: Congolese franc

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	Franc - Wikipedia, the free encyclopedia
		The franc was originally a French gold coin of 3.87 g minted in 1360 on the occasion of the release of King John II ("the good"), held by the English since his capture at the Battle of Poitiers four years earlier.
		The French franc was the national currency of France from 1360 until 1641, and from 1795 until 2002.
		The Congolese franc is used in the Democratic Republic of Congo.
	en.wikipedia.org /wiki/Franc (783 words)

	Read about Franc at WorldVillage Encyclopedia. Research Franc and learn about Franc here! (Site not responding. Last check: 2007-10-19)
		Louis XIII in 1641 in favor of the gold louis or ecu, the term franc continued to be used in common parlance for the livre.
		Belgium as well as France experienced depreciation and an abrupt collapse of confidence, leading to the introduction of a new gold currency for international transactions, the belga of 5 francs, and the country's withdrawal from the monetary union, which ceased to exist at the end of the year.
		The Malagasy franc is scheduled to disappear by the end of 2004, replaced by the more national sounding Ariary.
	encyclopedia.worldvillage.com /s/b/Franc (607 words)

	Franc (Site not responding. Last check: 2007-10-19)
		The franc was re-established as the national currency by the French Revolutionary Convention in 1795 as a decimal unit of 4.5 g of fine silver (theoretically slightly less than the livre of 4.505 g, though the new coin was set in 1796 at 1.0125 livres, reflecting in part the past minting of sub-standard coin).
		With the creation of a gold franc in 1803, gold and silver-based units circulated interchangeably on the basis of a 1:15.1 ratio between the values of the two metals (bimetallism).
		In January 1960 the French franc was revalued at 100 existing francs.
	www.askfactmaster.com /Swiss_franc (1012 words)

	Congolese franc - Wikipedia, the free encyclopedia
		The Congolese Franc is the currency of the Democratic Republic of Congo.
		The franc remained Congo's currency until 1967, when the zaïre was introduced at a rate of 1 zaïre = 1000 francs.
		The franc was re-established in 1997, replacing the new zaïre at a rate of one hundred thousand to one.
	en.wikipedia.org /wiki/Congolese_franc (140 words)

	MSN Encarta - Search Results - Congolese Franc
		Congolese Franc, monetary unit of the Democratic Republic of the Congo (formerly Zaïre).
		The Congolese franc, or Kinshasa franc, consists of 100...
		Franc, name applied both to currencies that serve as basic monetary unit in Switzerland and Liechtenstein, and to former currencies used in France,...
	uk.encarta.msn.com /Congolese_Franc.html (99 words)

	Franc (Site not responding. Last check: 2007-10-19)
		The CFA Franc: zone of fragile stability in Africa.
		The franc is the name of several currency units.
		Though abolished as a legal coin by Louis XIII in 1641 in favor of the gold louis or ecu, the term franc continued to be used in common parlance for the livre.
	hallencyclopedia.com /Franc (947 words)

	Gem, Rock, and Mineral Postage Stamps From Congo Democratic Republic
		Monetary Units: The original monetary unit was the Congolese franc, formerly at par with Belgian franc.
		In 1967, the (old) Zaïre replaced the Congolese franc, with 1 zaïre = 100 makuta (makuta is the plural of likuta) = 10,000 sengi.
		In 1998, the Congolese franc replaced the new Zaïre at a rate of 1 Congolese franc to 100,000 new Zaïre.
	stampmin.home.att.net /cdr.htm (257 words)

	DRC govt accuses business leaders of economic sabotagej
		The banks, which are in short supply of cash, continue to post the official exchange rate of 4,50 Congolese Francs to the dollar, as per a government order in April.
		This plummeting of the Congolese Franc automatically triggered a general rise in the price of goods and services, eroding even further the rather weak buying power of the currency.
		Congolese officials believe that after having had little military success in fighting the war, the rebels and their Ugandan and Rwandan allies who have battled against Kinshasa's regime for more than 13 months, are now trying to wage war on the economic front.
	www.namibian.com.na /Netstories/Econ9-99/economic.htm (579 words)

	Converted from "CON7.TXT" (Site not responding. Last check: 2007-10-19)
		All services must also be paid in the national currency, the document said, adding that any breach of the new provisions will carry a jail sentence of one month to five years and a fine ranging from 1,000 to 50,000 Congolese francs, or one of the two penalties.
		The franc now exchanges at a rate of 400 to the dollar, as against 3.30 to the greenback on 24 December.
		According to observers, the depreciation of the Congolese currency is due to the introduction of 50 and 100-franc notes into the market while foreign exchange is becoming scarce.
	ospiti.peacelink.it /bukavu/rs/CON7_23.html (266 words)

	IRIN interview with central bank governor Jean-Claude Masangu (Site not responding. Last check: 2007-10-19)
		The economy was left in shambles, as parallel economies evolved in rebel-controlled zones, with various foreign currencies replacing the Congolese franc.
		You might recall that because of a shortage of Congolese francs in the past, people began to use the old currency, the zaire.
		It is an act of unity to use Congolese francs.
	www.irinnews.org /print.asp?ReportID=37040 (1095 words)

	[No title] (Site not responding. Last check: 2007-10-19)
		Since Independence the Congolese have developed a strong sense of nationhood among geographically widespread peoples of different ethnic origins, which has contributed to a national solidarity on the need for a healing political process rather than partition.
		Congolese arrears to multilateral creditors are large: arrears to IBRD and IDA currently total around $306 million (as of late June, 2001), arrears to the IMF total around $500 million, and arrears to the AfDB total around $800 million.
		The goals of the proposed strategy are to assist the Congolese in the process of economic recovery and support the stakeholders in the process that would lead to peace throughout the region.
	www-wds.worldbank.org /servlet/WDSContentServer/WDSP/IB/2001/08/04/000094946_01072104010294/Rendered/INDEX/multi0page.txt (11920 words)

	International Spotlight: Democratic Republic of Congo
		Congolese music's twangy guitar, the "animateurs" with names such as Bill Clinton who incite the crowd with their frenzied whistling, and the gyrating dancers which are key to every band, have become one of Congo's biggest exports.
		Even today most Congolese are able to narrate the sagas of band break-ups, romantic scandals, dance trends and personalities of the past decades, as though they were a personal family history.
		As such, Congolese music and its stars are also acknowledged as important vehicles for social messages; for example when the government of the late Laurent Kabila launched a new currency, the Congolese franc, in 1998, Congo's most prominent musicians were hired to compose a tune singing the praises of the new currency.
	www.washingtonpost.com /wp-adv/specialsales/spotlight/congo/jungle.html (586 words)

	Congo, Democratic Republic of the
		Leopold accumulated a vast personal fortune from ivory and rubber through Congolese slave labor; 10 million people are estimated to have died from forced labor, starvation, and outright extermination during Leopold's colonial rule.
		Many Congolese dismissed him as a puppet ruler who allowed his country to be overrun by outsiders, particularly the Rwandans.
		In Aug. 1998, Congolese rebel forces, backed by Kabila's former allies, Rwanda and Uganda, gained control of a large portion of the country until Angolan, Namibian, and Zimbabwean troops came to Kabila's aid.
	www.factmonster.com /ipka/A0198161.html (1366 words)

	caracas.ca - Congolese (Site not responding. Last check: 2007-10-19)
		Congolese Dance and Drum Workshops, classes performances; bios of master teachers Dance, Drum, Song, photos.
		Some day, you may be able to visit gorillas on a reserve in what was once a war-torn region of the Democratic Republic of Congo.
		Only 887 hippos are left in Congo, once home to the world's largest population of the water-loving mammal, and they will be extinct in the...
	caracas.ca /Congolese/reference/search (272 words)

	ICCAF: Congo-Kinshasa - News September (Site not responding. Last check: 2007-10-19)
		Recently, two of his ministers, She Okitundu and Didier Mumengi, told the Congolese community in Brussels that there was no question of sharing power at the government level during the transition, nor of a elected presidency.
		This, exacerbated by rivalry between Congolese soldiers and the better paid, better supplied Ugandan soldiers, has continued to be the way things are, since the region was occupied by the rebels, sponsored by the Ugandans.
		The Congolese economy is collapsing and the measures taken by the government to stop the fall of the national currency given the particular circumstances, are more likely to aggravate the situation.
	www.web.net /~iccaf/humanrights/congoinfo/septnewscongo.htm (5609 words)

	AfricaFiles \| Info-Congo Kinshasa #141
		In addition, the Congolese leadership permitted the strengthening of UNITA in Angola and the enlisting of ex-Far and Interahamwe.
		The Zimbabwean contingent in the RDC is estimated to have grown from 600 to 2,800 soldiers.
		A native of Maniema, he was one of the Congolese leaders who had criticized Kabila's power and denounced the presence in the RDC of Rwandan and Ugandan troops, whom he accused of being a force of occupation.
	www.africafiles.org /article.asp?ID=716 (6686 words)

	Luxner \| Articles
		The Congolese franc is the national currency of the DRC, which is accepted only in the DRC," said Mombouli.
		The fifth of 10 children, he left his native country for France in 1978, where he graduated in tourism management from the Superior Institute of Tourism in Paris.
		The Congolese Embassy, located in a stately mansion at the intersection of Sixteenth Street and Colorado Avenue, houses a staff of 18, including six career diplomats and two military attaches.
	www.luxner.com /cgi-bin/view_article.cgi?articleID=276 (1507 words)

	world records - Currency (code) - Chad
		Communaute Financiere Africaine franc (XAF); note - responsible authority is the Bank of the Central African States
		Communaute Financiere Africaine franc (XOF); note - responsible authority is the Central Bank of the West African States
		Communaute Financiere Africaine franc (XOF); note - responsible authority is the Central Bank of the West African States; previously the Guinea-Bissau peso (GWP) was used
	www.exxun.com /enec/wr_currency_2.html (455 words)

	[No title] (Site not responding. Last check: 2007-10-19)
		Justification The weakness of the Congolese state is a major impediment to DRC's prospects for recovery.
		In view of the uncertain Congolese environment and the fact that more donor financed projects are expected to start in the coming year, the menu of eligible infrastructure/services is left as flexible as possible.
		The DRC currency (Congolese Franc) was liberalized on May 26, 2001 and local contracts can now legally be signed in US dollars and accounts opened by DRC residents in US dollars.
	www-wds.worldbank.org /servlet/WDSContentServer/WDSP/IB/2001/08/04/000094946_01072504014736/Rendered/INDEX/multi0page.txt (16146 words)

	Panapress Official Website (Site not responding. Last check: 2007-10-19)
		Paris, France (PANA) - The French section of the Union for Democracy and Social Progress (UDPS), a party led by Etienne Tshisekedi, has described as "inappropriate" the intervention of the France-led international force in eastern DR Congo.
		Authorities warn of bacteria on banknotes of Congolese franc
		Goma, DR Congo (PANA) - The rebel Congolese Movement for Democracy (RCD-Goma) has assured the European Union's special representative in the Great Lakes region, Aldo Ajelo of the movement's cooperation with an international intervention force being deployed in eastern DR Congo.
	www.panapress.com /paysindexlat.asp?codepays=eng014&page=83 (887 words)

	Winne.com - Report on Congo DRC, Paving the reconstruction
		First of all, this is not the first time that we undergo such an operation.
		We did that in 97 -98, before we launched the new currency, the Congolese Franc.
		In the past we had the Zaïre currency, and in those days we went from an inflation rate of 696 % in 1996 and brought it down to 14 % as of December 1997.
	www.winne.com /congo/to01int.html (1019 words)

	Congo - Carrying Money
		While U.S. dollars and traveler's checks can, in theory, be exchanged for local currency (the Congolese franc) at banks in Kinshasa, banks often do not have sufficient cash on hand to make transactions.
		Visitors may be given an unfavorable rate of exchange and the process can be very time consuming.
		It is illegal to take Congolese francs out of the country.
	www.comebackalive.com /df/dplaces/congo/dthing1.htm (196 words)

	Democratic Republic of the Congo - Travelgaido (Site not responding. Last check: 2007-10-19)
		A cease-fire was signed on 10 July 1999 by the DROC, Zimbabwe, Angola, Uganda, Namibia, Rwanda, and Congolese armed rebel groups, but sporadic fighting continued.
		KABILA was assassinated on 16 January 2001 and his son Joseph KABILA was named head of state ten days later.
		In October 2002, the new president was successful in getting occupying Rwandan forces to withdraw from eastern Congo; two months later, an agreement was signed by all remaining warring parties to end the fighting and set up a government of national unity.
	travelgaido.com /en/Democratic_Republic_of_the_Congo.html (1330 words)

	SCRAMBLE FOR THE CONGO - Oxford Forum [Issue Two]
		In this frontier town, smugglers, merchants, spies, soldiers, miners and scavengers converge from all over Africa to wheel and deal in Euros, US dollars, Rwandan francs and brick-like wads of tattered orange Congolese franc notes.
		Kabila was angered by the refusal of Rwanda, Burundi and Uganda to leave eastern DRC.
		Kabila turned against his former benefactors and began arming the interahamwe and local militias known as ‘Mai Mai’ in an attempt to drive the foreign forces, their proxies and Congolese Tutsi out of the DRC.
	homepage.mac.com /zoe.flood/oforum/issue_02_2005/of_02_2005_p3031_a.htm (1462 words)

	ENLEXICA-Currency Dictionary: Definition of centime
		a fractional monetary unit of the Democratic Republic of the Congo, equal to 1/100th Congolese franc.
		a former fractional monetary unit of France, equal to 1/100th franc.
		a former fractional monetary unit of Luxembourg, equal to 1/100th Luxembourg franc.
	www.enlexica.com /cgi-bin/find.cgi?v=centime&d=bucu&s=Q (263 words)

	www.businessinafrica.net \| news \| business briefs \| central africa Franc seeks stability
		The Congolese franc weakened to CDF435/USD at the end of November from CDF417/USD at the beginning of the same month but was relatively stable at CDF425.00/USD on a monthly average basis from CDF425.91/USD in October.
		Over the medium-term the franc should maintain a depreciating bias as this exercise progresses.
		Over the longer term a return to political stability would shore up investor confidence sufficiently to exploit the natural resource potential of the DRC and with its significant export proceeds, would prove a firmer foundation for the local franc.
	www.businessinafrica.net /news/business_briefs/central_africa/405005.htm (300 words)

	Bankintroductions.com - CONGO (Site not responding. Last check: 2007-10-19)
		Year 2004 GDP growth rate came in at 7.5 percent, both 2005 and 2006 are forecasted at 7 percent.
		At time of review on August 10, 2005, the franc had an exchange valuation of 494 CDF to the US-dollar (USD).
		CURRENCY FORECAST: political stability is the key for this African country’s future prosperity.
	www.bankintroductions.com /congo.html (165 words)

	Panapress Official Website (Site not responding. Last check: 2007-10-19)
		Paris, France (PANA) - National football teams from the Democratic Republic of Congo and Libya will clash in a friendly Wednesday at Charlety stadium near Paris as part of their preparation for the African Cup of Nations (CAN) scheduled to kick-off on 10 January 2006 in Cairo, Egypt.
		Kinshasa, DR Congo (PANA) - Angolan refugees who have lived in the Bas-Congo province for several years and married Congolese women are faced with a huge dilemma over the custody of children as they prepare to return to their country.
		Kinshasa, RD Congo (PANA) - Traffic between Kinshasa and Brazzaville, which stopped since 18 October due to the presence of former soldiers of the Zairian Armed Forces (FAZ) on the Brazzaville beach, resumed Thursday at the great satisfaction of tradesmen and services on the beach/Ngobila side in Kinshasa, traders affirmed here Friday.
	www.panapress.com /paysindexlat.asp?codepays=eng014&page=83 (821 words)

	OUTFO - Field Listing - Currency (Site not responding. Last check: 2007-10-19)
		French franc (FRF); Spanish peseta (ESP); euro (EUR)
		note: on 1 January 1999, the EU introduced the euro as a common currency that is now being used by financial institutions in Belgium at a fixed rate of 40.3399 Belgian francs per euro and will replace the local currency for all transactions in 2002
		note: on 1 January 1999, the EU introduced the euro as a common currency that is now being used by financial institutions in France at a fixed rate of 6.55957 French francs per euro and will replace the local currency for all transactions in 2002
	www.outfo.org /almanac/world_factbook_01/fields/currency.html (946 words)

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