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 ...

ADDIS ABABA, Nov 26 (Reuters) - Ethiopian lawmakers on Tuesday approved the government's plan to increase spending by an additional 581.98 billion Ethiopian birr ($4.8 billion) for the 2024/25 ...

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 ...

ADDIS ABABA (Reuters) -Ethiopia's central bank floated the birr currency on Monday, a move it hopes will secure International Monetary Fund (IMF) support and enable progress on a long-delayed debt ...