The National Bank of Ethiopia (NBE) cancelled a planned 100 million US dollars in foreign-exchange auction on Tuesday due to unforeseen technical issues, postponing a sale that had been expected to inject hard currency into the country’s banking system amid persistent demand for dollars. NBE said the foreign-exchange auction scheduled for June 9 had been […]
The National Bank of Ethiopia (NBE) cancelled a planned 100 million US dollars in foreign-exchange auction on Tuesday due to unforeseen technical issues, postponing a sale that had been expected to inject hard currency into the country’s banking system amid persistent demand for dollars. NBE said the foreign-exchange auction scheduled for June 9 had been […]
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