National Bank of Ethiopia Stories

Ethiopia set to hold first dollar auction in decades to boost Birr
Erick Kariuki  |  Aug 06, 2024

Birr has lost approximately 70 per cent of its value against the dollar since the flotation was announced on July 29, with exchange rates varying wide...

Ethiopia's inflation rate drops by 9.4 per cent
Vincent Ombati  |  Jul 09, 2024

Notable indicators of the new inflation rate were highly boosted by a half drop in non-food stuff from 31.5 per cent to 15.3 per cent.

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