BEAC definition

BEAC means the Bank of Central African States.

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BEAC means Banque des Etats de l’Afrique Centrale, an institution established and operating pursuant to the “Convention de Coopération Monétaire entre les Etats de l’Afrique Centrale et la République Française”;

BEAC means the Banque des Etats de l’Afrique Centrale;

Examples of BEAC in a sentence

• The exchange rate shall be determined monthly, based on the arithmetic average of the closing buy and sell rates for the Dollar against the CFA (Communaute Financiere Africaine or Africa Financial Community) currency unit for the month, as published by the Bank of Central African States (BEAC).

• The exchange rate shall be determined monthly, based on the arithmetic average of the closing buy and sell rates for the Dollar against the CFA (Communauté Financière Africaine or African Financial Community) currency unit for the month, as published by the Bank of Central African States (BEAC).

• Monetary and exchange rate policy is conducted at the regional level by the Bank of Central African States (BEAC) and Congo is a member of the CEMAC region whose common exchange rate is fixed to the euro.

• During the next year or so, the BEAC will continue to focus on achieving low inflation and reserve accumulation in support of the exchange rate peg.

• Les différents organes et structures ci-après participent à l'administration, la gestion et au contrôle de la BEAC.

More Definitions of BEAC

BEAC means Banque Centrale des Etats de l’Afrique Centrale;

BEAC means Banco de los Estados de África Central (Bank of the States of Central Africa).

BEAC means Banque Centrale des Etats d’Afrique Centrale, the sub-regional central bank for Central African states using the FCFA (as hereinafter defined) as their common currency;

BEAC means Banque des Etats de l’Afrique Centrale;

BEAC means Banque Centrale des Etats de l’Afrique Centrale; and

BEAC means Banque des Etats d’Afrique Centrale, the central bank of the Borrower;

BEAC means the Bank of Central African States; “BFA” means the Banque pour le Financement Agricole; “BNI” means the Banque Nationale d’Investissement; “BPW” means building and public works;