Monetary PolicyExplainer
Policy monitor: Central Bank of West African States holds at 3.25% with inflation at 2%
CBAN Editorial Team · 19 Jul 2026 · 4 min read
West Africa
Senegal
Central Bank of West African States (BCEAO) · Governor Jean-Claude Kassi Brou (since 2022) · West African CFA franc (XOF)
- Policy rate
- 3.25%
- Inflation (y/y)
- 2.0%
- GDP growth
- 7.1%
- Nominal GDP
- $34bn
- XOF per USD
- 605
- FX YTD vs USD
- +1.1%
- FX reserves
- $15.2bn
- Next MPC
- 2 September 2026
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