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Ethiopia: Central Bank Rolls Out Bi-Weekly Forex Auctions As Reserves Surge 200%
The introduction of bi-weekly auctions follows the implementation of a market-based exchange rate regime, which replaced the ...
2merkato1d
National Bank of Ethiopia to Hold Biweekly Foreign Exchange Auctions
The central bank stated that Ethiopia’s external balance of payments has improved since the launch of a comprehensive macroeconomic reform in July 2024. As a result, the country’s foreign exchange ...
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National Bank of Ethiopia Concludes Special Foreign Exchange Auction
Addis Ababa, February 25, 2025 (ENA)—The National Bank of Ethiopia (NBE) hereby announces the results of the Special Foreign Exchange Auction held today, February 25, 2024. The Special FX ...
Central Banking6d
Ethiopia holds rates to tame inflation
Ethiopia’s central bank held its policy rate on March 25 at 15% in an attempt to bring inflation down to its target of below ...
2merkato8d
National Bank of Ethiopia to Modernize Treasury Bill System to Expand Investment Opportunities
The National Bank of Ethiopia (NBE) has unveiled plans to modernize the government treasury bill (T-bill) system, aiming to make these financial instruments more accessible to citizens and investors.