CBE Shifts Gear on Forex as Market Fractures Widen
[Addis Fortune - Ethiopia] - 25/05/2025
The first move in nearly half a year by the Commercial Bank of Ethiopia (CBE) to lift its foreign exchange offerings has injected fresh energy into a market that had been drifting in a narrow channel since December last year. The state-owned bank nudged its buying rate to 128 Br for a Dollar (…)
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