Birr
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Birr plummets after PM Abiy calls to further narrow gap between official, black markets
PM Abiy Ahmed provided explanation over the recent macro-economic reform policy (Photo: PM Office/Facebook) Addis Abeba – Prime Minister Abiy…
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Birr depreciates by initial 30% as Ethiopia introduces market-based exchange regime
On Monday, Commercial Bank of Ethiopia reported a buying rate of 74 birr for 1USD, showing a 30% devaluation (Photo:…
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