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Djibouti
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Banking

Djibouti has one of the most liberal economic regimes in Africa, with almost unrestricted banking and commerce sectors.

The Central Bank of Djibouti as a regulator of the financial industry in Djibouti.The bank is responsible for managing the currency of Djibouti, the country's foreign exchange position, the national accounting, etc…The bank is responsible to the government of Djibouti and its current Governor is Mr. Djama M. Haid .

Djibouti Banks

The list of commercial banks operating in the Djibouti includes: Banque Al Baraka, Banque de Djibouti et du Moyen Orient, Banque Indosuez Mer Rouge, Banque pour le Commerce et l'Industrie - Mer Rouge, British Bank of Middle-East, Banque de dépôt de l'Ethiopie, Banque d'Epargne de la Somalie, Caisse de Développement, International Commercial Bank and Salam African Bank.

Currency

The Franc (currency symbol: Fdj, currency code: DJF) is the currency of Djibouti. Historically, it was subdivided into 100 centimes. The banknotes in circulation are in denominations of 1,000, 2,000, 5,000, and 10,000 Fdj.

The Djiboutian Franc per US$ rate is 180 (2010) and the inflation rate in 2007 was 6%.


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