0 the standard unit of money used in France, Belgium, and Luxembourg before the introduction of the euro, and also used in Switzerland and in many African countries -- franco
1 the standard unit of currency in Switzerland and several other countries, eg in some parts of Africa where French is spoken. It was formerly the unit of currency in France and Belgium before the introduction of the euro. -- franco
Between one dollar to 5 francs and one dollar to 10 francs, we can clearly see how far the penetration of our market by our competitors can go.
If we wanted to reduce the value of the franc, nothing could be easier.
The forestry workers' salary is shamefully low - a mere 6900 francs.
If the deficits were once again to be left to run themselves, there is no doubt whatever that the franc would fall.
So, we want to protect the franc today, in order to avoid the dollar tomorrow.