Banks Edge Rates as Birr Slides and Pretenses Hold the Line
[Addis Fortune - Ethiopia] - 22/06/2025
The foreign exchange market tiptoed through last week, exposing small cracks in the managed currency regime. Posted quotes from more than a dozen commercial banks, set beside the National Bank of Ethiopia’s (NBE) own numbers, showed how the banks tried to balance official guidance with the hard (…)
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