The National Bank of Ethiopia has announced a special foreign exchange auction worth 500 million US dollars, in one of the largest hard currency sales by the central bank since Ethiopia accelerated reforms to its foreign exchange regime last year. The auction will take place on May 19, with commercial banks invited to submit bids […]
The National Bank of Ethiopia has announced a special foreign exchange auction worth 500 million US dollars, in one of the largest hard currency sales by the central bank since Ethiopia accelerated reforms to its foreign exchange regime last year. The auction will take place on May 19, with commercial banks invited to submit bids […]
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NBE Launches $500 mln Emergency FX Auction as Pressure on Dollar Liquidity Persists
The National Bank of Ethiopia has announced a special foreign exchange auction worth 500 million US dollars, in one of the largest hard currency sales by the
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