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What is the name of common Currency recently announced by Western Africa?

/ World Current Affairs MCQs / By admin

What is the name of common Currency recently announced by Western Africa?A. ROAR
B. ECO
C. COIN
D. NAT

Eight countries in West Africa have decided to change the name of their common currency to ‘Eco’. These countries also decided to leave the current currency ‘CFA franc’. Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal and Togo in West Africa are currently using this currency.