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The First Country to Say No to the Eco Wasn't in the Franc Zone
Capital, Currency & Macro · 3 Aug 2026

The First Country to Say No to the Eco Wasn't in the Franc Zone

Guinea has become the first ECOWAS member to formally opt out of the Eco, weeks after the bloc reaffirmed a July 2027 launch. What the first defection tells you about a currency union that starts with whoever is ready.

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