The National Bank Of Rwanda (Rwandan: Banki Nkuru Y'u Rwanda, French: Banque Nationale Du Rwanda) Is The Central Bank Of Rwanda. It Was Established In 1964. The Current President Is John Rwangombwa.
Geographical Location
The Headquarters Of The National Bank Of Rwanda Is Located In The National Bank Of Rwanda Building On KN6 Street, Located In The Central Business District Of Gigali, The Capital And Largest City Of Rwanda. The Coordinates Of The Bank Headquarters Are Latitude-1.948889 °, Longitude 30.063611 ° (01 ° 56 ′ 56 ′ S 30 ° 03 ′ 49 ′ E).
History
The National Bank Of Rwanda, Referred To As "BNR", Developed Step By Step:
- The Royal Decree Of July 27, 1887 Listed The Franc As The Currency Of The Independent State Of The Congo, Which Was Part Of The Congo Free State And Rwanda.
- The "Heligoland Agreement" Of 1890 Limited Rwanda And Burundi To The Sphere Of German Influence In Africa; The German East African Rupee Was Its Official Currency; The French Franc Continued To Circulate.
- In 1908, The Belgian Congo Became A Member Of The Latin Monetary Union.
- In 1909, The Bank Of The Belgian Congo (DRC) Was Established.
- In 1912, The Bank Of The Belgian Democratic Republic Of The Congo Issued The First Banknote.
- In 1927, Germany Was Defeated In World War I, And Rwanda And Burundi Were Part Of The Congolese Franc Area.
- Between 1927 And 1952, Diplomatic Relations Were Established Between The Belgian Congolese Colony And The Belgian Congolese Bank.
- 1952 - 1960, Under The Belgian Congo And The Central Bank Of Rwanda-Ulumbi (BCCBRU).
- 1960 - 1964, Under The Development Bank Of Rwanda-Burundi (BERB)/(issued By The Banks Of Rwanda And Burundi).
- In 1964, The Royal Bank Of Burundi (BRB) And The National Bank Of Rwanda (BNR) Were Established.
- (The Republic Of Burundi (BRB) Was Established In 1966.)
