The National Bank of Rwanda (BNR) has successfully completed a five-month Proof of Concept (PoC) phase for a potential Central Bank Digital Currency (CBDC), a digital version of the Rwandan franc ...
Uganda and Rwanda have moved in a similar direction to Kenya by discouraging the use of cash in decorative arrangements such as money bouquets. This shift comes shortly after the Central Bank of Kenya ...
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BNR flags money bouquets as illegal
The National Bank of Rwanda (BNR) has warned the public against using banknotes for decorative and celebratory purposes, saying the practice damages the currency and leads to unnecessary replacement ...
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