By GERTRUDE MAJYAMBERE AND KITTY LLEWELLYN of The New Times"The governor of the National Bank of Rwanda (BNR), Francois Kanimba has said that the convergence criteria for a single East African Community (EAC) currency ought to be flexible.
The targets agreed on by the bank governors of the five EAC states for the realisation of a common currency and one central bank by 2012 are unlikely to be met, Kanimba explained in an interview on January 28."
Complete story at "Flexibility needed for East African Community single currency"
Category: Rwanda + Economy
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