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Ethiopia’s First Foreign Currency Auction Since Floating Garners Bids near Parallel Rates

Ethiopia birr news,v2

The inaugural special foreign currency auction by the National Bank of Ethiopia (NBE) attracted 27 of the 31 commercial banks

August 7, 2024
Munir Shemsu Avatar

Munir Shemsu

Addis Ababa, Ethiopia

Ethiopia birr news,v2

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Munir Shemsu Avatar

Munir Shemsu

Munir S. Mohammed is a journalist, writer, and researcher based in Ethiopia. He has a background in Economics and his interest's span technology, education, finance, and capital markets. Munir is currently the Editor-in-Chief at Shega Media and a contributor to the Shega Insights team.

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