Birr’s Gentle Drift Shows Banks Divergent Forex Strategies, Market Strain
[Addis Fortune - Ethiopia] - 11/05/2025
In a week defined by whispers rather than shouts, the foreign exchange market revealed a telling duality of centralised moderation by the National Bank of Ethiopia (NBE) and nimble, bank-level manoeuvring in the retail cash market. Cash-rate data from 29 commercial banks charted a portrait of (…)
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