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Stock Market / Finance in Burundi

  • Bitcoin just started trading on the world’s biggest exchange

    AFGHANISTAN, 2017/12/19 Bitcoin futures started trading Sunday night at CME Group Inc.’s venue, a week next Chicago rival Cboe World Markets Inc. introduced similar derivatives on the volatile cryptocurrency. CME is a much bigger player in futures, so a lot of traders expected it to make a bigger splash in the nascent space. CME got off to a faster start with additional efficient pricing. Its most-active arrangement changed hands 221 times in the initial hour versus 570 during Cboe’s debut. But that’s a win because CME’s contracts are five times additional precious — they’re tied to five bitcoins compared with only one with Cboe’s futures.
  • Burundi’s inflation slows to 18.8 pct yr/yr in May

    BURUNDI, 2017/07/19 Burundi's inflation rate slowed to 18.8 % year-on-year in May from 19.4 % in April, thanks to a fall in food price increase on local markets, official data showed on Thursday. Food inflation in the East African national rose to 27.8 % in the year to May, down from 30.2 % in April, the Institute of Economic Studies and Statistics (ISTEEBU) said.
  • IMF reviews Burundi's economic performance, gives passmark

    BURUNDI, 2014/12/20 Burundi's economic performance - The International Monetary Fund (IMF) has completed an economic review mission to Burundi during which it conducted discussions with Burundi's authorities for the sixth review of the government’s economic and financial programme supported by the IMF under the Extended Credit Facility (ECF). An IMF statement sent to PANA in New York Thursday said the IMF mission, led by Mr. Jaroslaw Wieczorek, visited Bujumbura, Burundi's capital city, 4-17 Dec. It quoted Mr. Wieczorek as saying: 'Burundi's performance under the ECF-supported programme has been broadly satisfactory. All quantitative performance criteria for end-September 2014 were met and the structural schedule under the programme advanced, albeit some reforms have taken longer than envisaged to implement.