Foreign Exchange Policy
- Op/Ed
Punitive measures will not stabilize fore-ex market induced panic in product market
On 03 August 2024 alone, Addis Abeba Trade Bureau in collaboration with Ministry of Trade and Regional Integration reported shutting…
Read More » - Op/Ed
Critique of Ethiopia’s Macroeconomic Policy: A Comparative Analysis
The exchange rate of the USD has surged from approximately 57 ETB to between 91 and 100 ETB, reflecting a…
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Ethiopia’s Foreign Currency Market Liberalization: Does the move meet Ethiopia’s long-term economic goals?
The value of Birr fell by approximately 60% since the announcement of shift into market-based forex regime (Photo: Sinqe Bank/Facebook)…
Read More » - News
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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