Compared to the same month of the previous year, the price of a barrel fell by 30.3%, after a 22.5% drop recorded in August 2020. According to the BCEAO, the prices of raw materials exported by the countries of the Union experienced contrasting trends during the month

Global prices of gold, cotton, coffee and cocoa rose by 30.8%, 7.3%, 2.6% and 2.6% respectively in September 2020. On the other hand, declines were observed in cashew nuts (-47.3%) and rubber (-8.5%)

“Stock market indices also recorded contrasting trends during the month of September 2020. Indeed, over one year, the FOOTSIE 100 (-20.8%), the CAC 40 (-15.4%) and the EuroStoxx 50 (-9.1%) fell, while increases were noted for the Nasdaq Composite (+39.6%) and the

On the foreign exchange market, the European currency appreciated over one year against the American dollar (+7.5%), the Japanese yen (+5.2%), the pound sterling (+3.0%) and the yuan (+2.5%),” reveals the BCEAO. She adds that monetary policy in most jurisdictions has remained supportive of economic stimulus measures

Indeed, the main central banks of developed countries kept their key rates unchanged during the month of September 2020, after the cuts printed in the previous months in the context of the Covid-19 pandemic.