Current Affairs - International - Discussion

The eight West African nations have agreed to change the name of their common currency from 'CFA franc' to 'Eco', after they jointly severed the CFA franc's links to former colonial ruler France. The announcement was made during a visit by French President Emmanuel Macron to Ivory Coast, who hailed the decision as a historic reform. Even though the deal took six months in making, common currency Eco will see the light of day in 2020.