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In tandem with Eurozone financial market developments and the prevalence of negative interest rates in 2020, Cypriot … banks passed through the costs of their liquidity to their customers, reducing the attractiveness of placing PDMO cash … surpluses in domestic bank deposits. Suitable investment alternatives to central bank deposits for the PDMO's liquidity buffer …
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The WAEMU has, so far, demonstrated strong resilience to the Covid crisis. The economic rebound that started in the second half of 2020 firmed up in 2021, while fiscal and monetary policies remained supportive. External reserves have risen to comfortable levels and the financial system appears...
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