In Fragmented March, Brewed Buck Slips as Banks Break Ranks
[Addis Fortune - Ethiopia] - 19/10/2025
The Birr’s (Brewed Buck) seemingly orderly 1.1pc depreciation last week belied a more fractured reality. While the Central Bank’s policy glide path continues to maintain the illusion of stability, beneath the surface, the forex market is fragmenting. The once-coordinated top five private banks — (…)
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