Ethiopia’s Currency Auction Went From 28 Bidders to Five in Two Weeks
The Ethiopia forex auction drew 28 banks on 12 August and only five on 26 August, with total bids down...
September 1, 2026Topic
birr
Ethiopia Birr Hits Record Low as Central Bank Sells US$500 Million in One Day
The Ethiopia birr fell to a record low near 162 per dollar, and the central bank called a US$500m special...
August 20, 2026
Ethiopia Gold: Amhara Region Ships First 357 Kg to Central Bank
Amhara region delivers 357 kg of gold to Ethiopia's central bank in a historic first shipment, as the PM claims...
August 1, 2026