Hijira Bank Bets Big, Birr Shrinks Further, While Central Bank Watches
[Addis Fortune - Ethiopia] - 16/02/2025
Hijira Bank startled the foreign exchange market last week, posting a buying rate of 126.2 Br for a dollar, outpacing every other commercial bank and setting a 2.19 Br premium over the state-owned Commercial Bank of Ethiopia (CBE). A strikingly aggressive posturing, Hijira’s forex managers (…)
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In Ethiopian newspapers
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[Zehabesha] - 14/02/2025
276,700,000
The value in dollars of Ethiopia’s exports under AGOA in 2021, up from 930,000 dollars in 2000. It was a remarkable (…)
[Addis Fortune] - 16/02/2025
NEBE suspends TPLF for three months over ‘missed’ general assembly, warns of registration cancellation
(Photo: Social media) Addis Abeba– The National Election Board of Ethiopia (NEBE) has suspended the Tigray People’s (…)
[Addis Standard] - 13/02/2025
IMF Tells Ethiopia to Stay the Course, with Leap of Faith on the Market
Our subscribers to the print edition are entitled to get a bonus in a form of early access to our digital (…)
[Addis Fortune] - 16/02/2025
