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US Dollar Reaches Rwf865 Mark

Business

US Dollar Reaches Rwf865 Mark

Rwanda Central Bank has released the new exchange rates for local currency against other foreign currencies.

According to the new rates, the U$ dollar is buying at Rwf 848.5 and selling at Rwf 865.5.

The U$ dollar has definitely been gaining value against the local Rwandan franc in the past month.

At the same period in April, the U$ dollar was buying at Rwf846.3 and selling at Rwf 863.2  – this means the local currency lost almost 2.3 points to the U$.

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