Central Bank of Ethiopia Rolls Out Bi-Weekly Forex Auctions Amid Rising Reserves

Add to Bookmark Save for Later Reading Addis Ababa, Ethiopia – Saturday, May 3, 2025 – The National Bank of Ethiopia (NBE), the nation’s central bank, has announced the implementation of bi-weekly foreign exchange (forex) auctions, signaling a strategic move to manage the country’s growing foreign currency reserves and enhance market stability. This decision comes […]