Includes how foreign exchange is managed and implications for U.S. business;
Last Published: 3/26/2019
There are no restrictions on the transfer or repatriation of capital and income earned, or on investments financed with convertible foreign currency.  Once an investment is established and documented, the government regularly approves remittances of dividends and/or repatriation of capital.  The same holds true for requests for other sorts of transactions (e.g. imports, licenses, and royalty fees).
 Funds associated with investments funded with convertible currency are freely convertible into any world currency.
Côte d'Ivoire is a member of the West African Economic and Monetary Union (WAEMU), which uses the Franc CFA, a convertible currency.  The French Treasury continues to hold the international reserves of WAEMU member states and currently supports the fixed exchange rate of 655.956 CFA to the Euro.
 

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