Rwanda: Central Bank Reaffirms Validity of Coins Amid Public Complaints

The National Bank of Rwanda (BNR) has raised concern over the growing reluctance by some businesses to accept low-denomination coins, reiterating that all coins remain legal… Read more »

Rwanda: Central Bank Raises Key Interest Rate By 50 Bps to Reign in Inflation

The Monetary Policy Committee (MPC) of the National Bank of Rwanda (BNR) has increased the central bank policy rate by 50 basis points to 7.25 per cent in a fight to bring… Read more »

Rwanda: How New Multicurrency Market Could Boost Access to Foreign Capital

Rwanda Stock Exchange (RSE) recently launched a Multicurrency Denominated Securities Market Segment (MDS), allowing investors to issue and trade securities in multiple currencies… Read more »

Rwanda: Digital Currency Trial Set for Next Year, Says Governor Hakuziyaremye

Rwanda is set to take a step toward the future of finance as the pilot phase of the Central Bank Digital Currency (CBDC) is scheduled to begin next year, the Governor of the… Read more »

Rwanda: Stronger Exports, Reserves Help Shore Up Rwanda Franc in Q3

The Rwandan franc signaled firmness in the third quarter of 2025, with the National Bank of Rwanda reporting a depreciation of about 4 per cent to end-September. Read more »

Rwanda: New Rules - Who Can Use Foreign Currency in Rwanda?

The National Bank of Rwanda (NBR) has issued a new directive governing persons authorised to transact in foreign currencies and the requirements for obtaining authorisation. This… Read more »

Rwanda: New Rule - Who Can Get Paid in Foreign Currency in Rwanda?

The National Bank of Rwanda, on September 17, issued a new directive clarifying who is permitted to receive payments in foreign currencies, including the US dollar, in Rwanda. Read more »

Rwanda: Rwandan Franc Eases Pressure On Stronger Exports

The Rwandan franc (Rwf) is showing signs of stabilisation after sharp depreciation against major currencies, particularly the U.S. dollar, since 2023. Read more »