| − | The [[French]] continue to police their [[Africa]]n sphere of influence and to sustain a [[monetary]] union with them. The [[Euro]]-pegged [[currency]] known as the CFA franc is used in [[Benin]], [[Burkina Faso]], [[Côte d'Ivoire]], [[Guinea-Bissau]], [[Mali]], [[Niger]], [[Senegal]], and [[Togo]]. France requires these countries to maintain 65 percent of their hard [[currency reserve]]s in the French Treasury. | + | The [[French]] continue to police their [[Africa]]n sphere of influence and to sustain a [[monetary]] union with them. The [[Euro]]-pegged [[currency]] known as the CFA franc is used in [[Benin]], [[Burkina Faso]], [[Côte d'Ivoire]], [[Guinea-Bissau]], [[Mali]], [[Niger]], [[Senegal]], and [[Togo]]. France requires these countries to maintain 65 percent of their hard [[reserve currency|currency reserve]]s in the French Treasury. |