The Bank of the Republic of Burundi (BRB) has officially launched the Refinitiv platform for money market transaction operations, providing banks with a system to negotiate interbank trades and monitor related transactions in real time. The platform covers interbank trading in foreign currency and local currency, with functionality to protect and track money market operations. BRB positioned the launch as a step in modernising Burundi’s money and foreign exchange market operations as part of its broader monetary and exchange policy reforms, and as a way to align local market practices with those of other central banks in the sub-region. It also highlighted that interconnecting all local banks is necessary to ensure access to information on domestic and international markets, and indicated the platform should help commercial banks respond more quickly to customer funding requests.
Bank of the Republic of Burundi 2025-07-14
Bank of the Republic of Burundi launches Refinitiv platform for interbank money market trading and real-time transaction tracking
The Bank of the Republic of Burundi has launched the Refinitiv platform for real-time money market transactions, facilitating interbank trades in foreign and local currencies. This initiative aims to modernize Burundi's money and foreign exchange market operations and align them with regional central banks. The platform is expected to enhance information access and improve commercial banks' responsiveness to customer funding requests.