Banks Tighten in Unison as Forex Rates Edge Toward New Equilibrium
[Addis Fortune - Ethiopia] - 26/10/2025
The Birr (Brewed Buck) has been walking down a narrow slope for months, sliding a little each week as monetary policymakers test how far they can let it fall without stoking a new burst of inflation. The National Bank of Ethiopia’s (NBE) reference rate crossed 150 Br to the dollar last week and (…)
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