Fluctuation du taux de change face aux chocs exogènes en RDC: une analyse par régime politique. 1998-2024

Benjamin Kongolo Tshisuaka ()
Additional contact information
Benjamin Kongolo Tshisuaka: Université de Kinshasa, Université Pédagogique Nationale

Working Papers from HAL

Abstract: The Congolese franc (CDF), which is the national currency of the DRC, was put into circulation during the monetary reform of June 30, 1998. When it was put into circulation, this currency had almost the same value as the US dollar. But today, the Congolese franc has lost 99% of its value in 26 years. The objective of this article is to provide an overview of the fluctuation of the exchange rate in the DRC during these 26 years of the Congolese franc by integrating the approach of the political regime in order to verify which political regime experienced a strong monetary depreciation, what are the exogenous shocks that were at the base of this depreciation. After analysis, it is noted that the Congolese franc, the national currency of the DRC, experienced strong depreciations in the years of its entry into circulation under the reign of President Laurent Désiré Kabila. This depreciation was explained by endogenous factors. It should also be noted that strong depreciations of the Congolese franc are more linked to exogenous shocks.

Keywords: Exchange rate; Monetary depreciation; Congolese franc; political regime.; Exchange rate Monetary depreciation Congolese franc political regime; Exchange rate; Monetary depreciation; Congolese franc; political regime (search for similar items in EconPapers)
Date: 2025-04-10
Note: View the original document on HAL open archive server: https://hal.science/hal-05029987v1
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hal.science/hal-05029987v1/document (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-05029987

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().