1. Home
  2. Africa
  3. DRC

Economy said slightly better in rebel-held areas

The economic situation in rebel-held DRC is marginally better than in government-controlled areas, commercial sources in eastern DRC told IRIN on Monday. They said an indication was the black market index which put the franc congolais-dollar exchange rate at 3.6 to one in rebel areas, and 8.2 to one in government areas. However, business in eastern DRC was still poor as the interior was still "very disturbed" and nobody was coming into the towns to buy. Purchasing power had plummeted and severe food shortages were reported in Kindu and Kisangani, the sources said. Mining activity in the region had dropped drastically due to Mayi-Mayi attacks along roads leading to the major towns. Local Congolese were suffering as a result of foreigners coming into the mining areas and flying the minerals out.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

Share this article

Get the day’s top headlines in your inbox every morning

Starting at just $5 a month, you can become a member of The New Humanitarian and receive our premium newsletter, DAWNS Digest.

DAWNS Digest has been the trusted essential morning read for global aid and foreign policy professionals for more than 10 years.

Government, media, global governance organisations, NGOs, academics, and more subscribe to DAWNS to receive the day’s top global headlines of news and analysis in their inboxes every weekday morning.

It’s the perfect way to start your day.

Become a member of The New Humanitarian today and you’ll automatically be subscribed to DAWNS Digest – free of charge.

Become a member of The New Humanitarian

Support our journalism and become more involved in our community. Help us deliver informative, accessible, independent journalism that you can trust and provides accountability to the millions of people affected by crises worldwide.

Join