Central bank Governor Mamo Mihretu asserts that foreign currency reserves in the Ethiopian banking system have doubled to ...
The National Bank of Ethiopia has enhanced its foreign exchange reserves. The bank's foreign exchange reserve has increased by 152 percent since the end of the fiscal year. On the other hand ...
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Ethiopia's currency dives by 30% as IMF-backed reforms to stabilize the economy take effectADDIS ABABA, Ethiopia (AP) — Ethiopia's currency lost 30% of its value ... Mamo Mihretu, governor of the National Bank of Ethiopia, said in a televised address Monday that the reforms “will ...
The National Bank of Ethiopia issued a statement ... according to a translated report from Ethiopian state media outlet Fana Broadcasting Corporate (FBC). “Ethiopia’s national currency is the ...
The value of Ethiopia's currency has fallen by 30% against the US dollar after the government relaxed currency restrictions, one the country's biggest banks, the Commercial Bank of Ethiopia ...
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