Landlords behind weakening franc

On the last Friday of August, the financial market opened to a weakened franc, trading at Rwf705 for a single dollar down from Rwf700 a week before. That exchange rate has since prevailed.
An upscale estate in Kigali; some local property owners have preferred to demand their rental fees in dollars. (File)
An upscale estate in Kigali; some local property owners have preferred to demand their rental fees in dollars. (File)
Kenneth Agutamba