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Central bank removes restrictions on FX trading Birr currency falls 30% against dollar Floatation of currency key to securing IMF support ADDIS ABABA, July 29 (Reuters) - Ethiopia's central bank ...
Under the new policy announced by the central bank, the value of the Ethiopian currency - the birr - will be set by the market. It comes as negotiations between the government and the IMF reach ...
FILE PHOTO: A man counts Ethiopia’s birr notes in Merkato, one of Africa’s biggest open air market, in Addis Ababa, Ethiopia, April 25, 2024. REUTERS/Tiksa Negeri/File Photo ADDIS ABABA ...