Tag: Dollar
The Ethiopian Birr Devalued by About 15%
Abbay Media News Girma Alemu After seven years wait, National Bank of Ethiopia devalued the Birr by about 15%, Reuters reported. The reason given by National Bank...
Ethiopia is facing foreign currency shortage
Abbay Media News Shiberu Tamerat The head of the National Bank of Ethiopia (NBE) Mr. Tekelewolde Atnafu, said the amount of foreign reserve in the nation's coffers...
