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Economy / Gabon

Macroeconomic Forecast Gabon

October 2008 | Macroeconomic Forecasts

BMI View: With Gabon's CFA franc pegged to the euro, we expect the currency to see significant weakening in 2009, as eurozone growth nearly grinds to a halt, with our end-09 forecast at XAF517.00/US$, from XAF505.00/US$ in 2008 and XAF449.00/US$ in 2007.

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