Rwanda Tests e-Franc in Push Toward Digital Currency
Rwanda’s central bank has successfully completed a five-month pilot of its digital currency, the e-Franc Rwandais (e-FRW), marking a major ...
Tag: BNR
Rwanda’s Financial Sector Grows, Assets Reach 15 Trillion Francs
BNR says banks, insurers, and microfinance institutions remain stable amid expansion Rwanda’s financial sector is expanding steadily, with nearly 504 ...
BNR Uncovers Illegal Use of Foreign Currency in Over 860 Contracts
The National Bank of Rwanda (BNR) has identified 863 contracts involving illegal pricing and payments in foreign currencies, in violation ...
Central Bank to Start Buying Gold as Part of National Reserves
The National Bank of Rwanda (BNR) has announced plans to start buying gold from July 2025 as part of its ...
Soraya Hakuziyaremye Appointed New Governor of Central National
Soraya Hakuziyaremye has been appointed Governor of the National Bank of Rwanda (BNR), replacing John Rwangombwa who had held the ...
Rwandan Franc Weakens as BNR Maintains MPC Rate
The Rwandan Franc (RWF) has slightly depreciated against the U.S. Dollar (USD) over the past week, with the exchange rate ...
Central Bank Issues New Bonds to Boost National Development
The Government of Rwanda, through the National Bank of Rwanda (BNR), has launched a new bond issue valued at 10 ...
Rwanda Central Bank Maintains 6.5% Interest Rate Amid Food Price Concerns
The National Bank of Rwanda (BNR) decided to keep its interest rate at the current rate of 6.5% as it ...
Rwanda’s Banking Sector Thrives Amid Rising Non-Performing Loans
The National Bank of Rwanda (BNR) has reported that the country's banking sector remains resilient, with non-performing loans (NPLs) for ...
Central Bank lowers interest rate to 6.5%
The National Bank of Rwanda (BNR) has announced a reduction in the Central Bank Rate (CBR) by 50 basis points, ...
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