Rwandan Franc


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Rwandan Franc

The currency of Rwanda. It was introduced in 1964, replacing the Rwanda and Burundi franc. The proposed East African shilling may replace the franc.
References in periodicals archive ?
We also brought them assistance worth 30 million Rwandan francs which will facilitate MIDIMAR to purchase irons sheets and other materials to improve their livelihoods
Through the European Investment Bank credit line, the Banque Rwandaise de Developpement will be in a position to provide business loans in USD, EUR and Rwandan francs.
The financing in Rwandan francs is made possible by a unique swap agreement between IFC and the National Bank of Rwanda.
The minister stated that even though only around 125 of the population in the land-locked country has rights to the Internet, the information and communication industry produced proceeds of around 87 billion Rwandan francs ($145 million) in 2009 and rising by 12% in 2010.