In Guinea, inflation is hovering around 12.5%, according to the International Monetary Fund (IMF). The Governor of the Central Bank of the Republic of Guinea (BCRG) nevertheless reassures that the Guinean currency is “doing well.” Going all the way to Vantet on Monday 31 May, the “good health” of the Guinean currency. According to him, she has been doing better and better over the past ten years.

In the same vein, he adds that exchange rate flexibility has been instituted to ensure that exchange rate policy acts as a kind of shock absorber against internal and external shocks.

“Since 2011, the difference between the two official market rates and the exchange rate has not been one percent (1%). This means that the two rates are practically the same... sometimes the official rate is a bit higher than the exchange rate. The unification of the exchange rate is now a sign of vitality, it's good, it's a sign of the health of the Guinean currency,” he said

At the end of last April, the country had reserves of the order of one billion five million dollars. And its objective is to strengthen foreign exchange reserves so that there is a mattress that can help it withstand any kind of shock that may occur.