National Bank of Ethiopia Stories

Ethiopia Central bank rolls out bi-weekly forex auctions as reserves surge
Addis Standard  |  Apr 01, 2025

The decision to hold bi-weekly auctions followed discussions between NBE regulators and commercial bank executives on 31 March 2025 regarding foreign...

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.

Stay ahead of the news! Click ‘Yes, Thanks’ to receive breaking stories and exclusive updates directly to your device. Be the first to know what’s happening.

Sign in with GoogleSign in with Google