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Congo's year-on-year inflation rises to 17.93 pct in March

KINSHASA, April 14 (Reuters) - Democratic Republic of Congo's consumer price inflation rose to 17.93 percent year-on-year in March, up from 14.8 percent in February, the central bank said on Friday.

The bank has an end of year inflation target of 7 percent.

Foreign exchange reserves meanwhile fell to $735 million by the end of March, or 2.23 weeks worth of imports, from $785 million at the end of January, the bank said in a statement.

(Reporting by Amedee Mwarabu; Writing by Joe Bavier)

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