Brewed Buck Eases as Banks Shadow Central Bank Rate in Tight Formation
[Addis Fortune - Ethiopia] - 2/11/2025
The Birr (Brewed Buck) spent the past week on a mild slide before steadying, a move that unfolded in near-perfect step with the National Bank of Ethiopia’s (NBE) shifting reference rate and left commercial banks bunched tightly beneath the policy marker by the weekend. Across six trading days, (…)
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