Online Forex trading operates within a tightly controlled regulatory framework in Burundi, where the Central Bank of Burundi (BRB) maintains oversight of all foreign exchange activities. The country has historically faced challenges with foreign currency shortages and parallel market premiums, prompting authorities to implement strict regulations on foreign exchange bureaux and currency transactions (1).
In October 2022, Burundi's financial landscape experienced significant liberalization when the Central Bank lifted a ban on foreign exchange bureaux that had been imposed in February 2020. The lifting of restrictions allowed foreign exchange bureaux to reapply for licenses provided they commit to compliance with regulatory frameworks, including caps on profit margins (1).
"On 7 October 2022, the Central Bank of Burundi issued Circular No. 003/RC/2023, lifting the ban on foreign exchange bureaux that had been imposed in February 2020, and allowing foreign exchange bureaux to reapply for licences."
The International Monetary Fund has emphasized that foreign exchange market liberalization remains critical to Burundi's economic stabilization and growth potential. Staff recommendations include unifying the official and parallel exchange rates, liberalizing the foreign exchange market, and gradually transitioning towards a more flexible exchange rate regime to reduce economic distortions and support private sector development (2).
Source:
https://investmentpolicy.unctad.org/investment-policy-monitor/measures/5030/central-bank-lifted-ban-on-foreign-exchange-bureaux
https://www.imf.org/en/News/Articles/2025/04/14/pr-25105-burundi-imf-staff-completes-2025-article-iv-mission
Last updated: 15-10-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
