“Decrease in the exchange rate in Goma: why the prices of basic necessities do not decrease?”

Supermarkets and communication companies in the city of Goma seem to have been spared the drop in the exchange rate observed on the parallel market in recent days. While the exchange rate has risen to around 2,300 Congolese francs per US dollar, prices for basic necessities remain high and have not been revised downwards.

This situation raises questions among the inhabitants of Goma, who would like to see this drop in the exchange rate affect the prices of basic necessities. Indeed, despite this appreciation of the local currency against the dollar, prices remain unchanged in supermarkets and shops in the city.

Some residents are expressing their frustration with this situation. They call for exchange rate stability, with uniform application in all sectors, whether in banks, money changers or merchants. For them, it is essential that the exchange rate reflects the economic reality of the country and allows a real drop in the prices of basic necessities.

However, it is important to note that this fall in the exchange rate in the parallel market does not necessarily translate into lower prices in all sectors of the economy. Supermarkets and communication companies seem to maintain a higher exchange rate, which is why prices remain unchanged.

It is therefore essential that the economic authorities take measures to ensure that this fall in the exchange rate is actually passed on to the prices of basic necessities. This is a legitimate concern of the population, which hopes for an improvement in its purchasing power.

In conclusion, the drop in the exchange rate observed on the parallel market in Goma raises expectations among the inhabitants of a drop in the prices of basic necessities. Although certain sectors of the economy seem to be spared by this development, it is necessary to put in place measures to ensure that this fall in the exchange rate really benefits the population. This would improve the purchasing power of the inhabitants and promote real economic stability in the city

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