Bac Série B Bénin Practice Questions - Baccalauréat Série B (Lettres Et Sciences Sociales) - Bénin Exam

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Which common monetary institution issues the Franc CFA and conducts monetary policy for the member states of WAEMU (UEMOA), including Benin?

The African Development Bank (AfDB / BAD) The Central Bank of West African States (BCEAO) The Bank of Central African States (BEAC) The West African Development Bank (BOAD)

Correct Answer:

The Central Bank of West African States (BCEAO)

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