Multiple Choice Questions on West African nations has renamed their common currency What is the name of their new Currency ........ for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

West African nations has renamed their common currency What is the name of their new Currency ........

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    West African nations has renamed their common currency , What is the name of their new Currency ?

    Franc

    Incorrect Answer

    Eco

    Correct Answer

    Euro

    Incorrect Answer

    Kuna

    Incorrect Answer
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    Explanation:
    • Eight West African countries have agreed to change the name of their common currency to Eco and severed their earlier currency CFA Franc’s links to former colonial ruler France.
    • Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal and Togo currently use the currency.
    • All the countries are former French colonies with the exception of Guinea-Bissau.

    By: Rohit Middha
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