The Ethiopian currency, birr, experienced a decline today in the morning, with a devaluation of approximately 3%. In the afternoon,...
Ethiopia
Today, Ethiopian currency birr saw a slight decline. Around 3% devaluation was recorded. On Monday, Ethiopian Birr lost 30% of...
The World Bank has announced significant financial support for the ongoing economic reform efforts of Ethiopia, totaling $15.5 billion over...
The recent shift to a market-driven foreign exchange rate system has triggered a significant price increase in the Addis Ababa...
The National Bank of Ethiopia has implemented significant reforms to its foreign currency exchange management system. The new approach shifts...