Burundi clamps down on forex black market

Traders sell fruits and vegetables on a street in Bujumbura. Burundi could resort to import restrictions amid a clampdown on black market currency dealers whom it partly blames for a sharp drop in the value of the local currency against the dollar.

Burundi could resort to import restrictions amid a clampdown on black market currency dealers whom it partly blames for a sharp drop in the value of the local currency against the dollar.

The country has already imposed restrictions on food exports to Rwanda in a bid to keep inflation down — it is currently at three per cent — in the face of a looming drought.