Democratic Republic of the Congo
1 articleDemocratic Republic of the Congo enters the taxonomy as a sovereign state in Central Africa through its relationship with Congolese franc (CDF). Currency administration is led by the Central Bank of the Congo; Congolese franc banknotes and coins circulate within the jurisdiction. The entry keeps this CDF monetary jurisdiction separate from the Republic of the Congo, a neighboring state that uses the regional XAF currency.
Mobutu's Katanga Coins: Currency Manipulation and Hidden Wealth
Mobutu Sese Seko's regime in Zaire left a legacy of currency manipulation, with Katanga's short-lived coins revealing how political power and monetary policy intertwined during the Congo Crisis