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Slight fall in market prices, devaluation of franc

    NAIROBI
    According to the FAO, the price of an average family's food basket has fallen slightly since the embargo was lifted but it still remains nearly twice as high as before the sanctions were imposed. At the same time, the value of the Burundi franc continues to drop, due to a severe shortage of foreign currency in the country. In its latest information bulletin, OCHA-Burundi points out the current official and unofficial rates to the US dollar are FrBu 537 and FrBu 775 respectively, compared to FrBu 317 and FrBu 350 before the embargo.

    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

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