Mamo Mihretu, Governor of the National Bank of Ethiopia (Photo: ENA) Addis Abeba – The National Bank of Ethiopia (NBE) has revised its foreign currency retention policy, granting exporters increased flexibility in the use of their hard currency earnings. Effective today, 14 November, 2024, the updated policy permits exporters to retain 50% of the foreign currency they …
Mamo Mihretu, Governor of the National Bank of Ethiopia (Photo: ENA) Addis Abeba – The National Bank of Ethiopia (NBE) has revised its foreign currency retention policy, granting exporters increased flexibility in the use of their hard currency earnings. Effective today, 14 November, 2024, the updated policy permits exporters to retain 50% of the foreign currency they …
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